Capital Gains Tax (CGT) rates and bands
2020/21 | 2019/20 | 2018/19 | 2017/18 | 2016/17 | 2015/16 | 2014/15 | 2013/14 | |
Standard rate (basic rate taxpayers) | 10% / 18% * | 10% / 18% * | 10% / 18% * | 10% / 18% * | 10% / 18% * | 18% | 18% | 18% |
Higher rate taxpayers rate | 20% / 28% * | 20% / 28% * | 20% / 28% * | 20% / 28% * | 20% / 28% * | 28% | 28% | 28% |
Business Asset Disposal Relief (Entrepreneurs' Relief) - effective rate | 10% | 10% | 10% | 10% | 10% | 10% | 10% | 10% |
Annual exemption | ||||||||
Individual | £12,300 | £12,000 | £11,700 | £11,300 | £11,100 | £11,100 | £11,000 | £10,900 |
Settlement(s) - trustees | £6,150 | £6,000 | £5,850 | £5,650 | £5,550 | £5,550 | £5,500 | £5,450 |
Chattels exemption (proceeds per item or set) | £6,000 | |||||||
Marginal relief | 5/3 excess over £6,000 | |||||||
Business Asset Relief (Entrepreneurs' Relief) lifetime allowance | £10 million until 11 March 2020, then £1million |
£10 million |
Which rate?
Special cases
Capital Gains Tax basic rules:
Finance Act 2019 contains provisions to introduce a requirement for UK residents to make a payment on account of Capital Gains Tax following the completion of a UK residential property disposal. From April 2020 the payment window will be 30 days from completion of the disposal transaction.
Capital Gains Tax reliefs: Disposal of business assets.
Old Rates
2011/12 to 2012/13 | 2010/11 | 2009/10 | 2008/09 | |
Standard rate (basic rate taxpayers) | 18% | 18% | 18% | 18% |
Higher rate taxpayers rate | 28% | 28% | 18% | 18% |
Entrepreneurs' Relief - effective rate | 10% | 10% | 10% | 10% |
Annual exemption | ||||
Individual | £10,600 | £10,100 | £10,100 | £9,600 |
Settlement(s) - trustees | £5,300 | £5,050 | £5,050 | £4,800 |
Chattels exemption (proceeds per item or set) | £6,000 | |||
Marginal relief | 5/3 excess over £6,000 | |||
Entrepreneurs' Relief lifetime allowance | £10 million |
£5 million/ |
£1 million | £1 million |
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