Capital Gains Tax
|
|
|
2009/10 |
2008/09 |
| Individuals |
|
£ |
£ |
| Exemption |
|
10,100
|
9,600
|
| Balance of gains |
18% |
18% |
| |
| Trusts |
|
|
|
| Exemption |
|
5,050 |
4,800 |
| Balance of gains |
18% |
18% |
Entrepreneurs’ Relief
For gains arising on or after 6 April 2008, the first £1m of qualifying gains are charged at an effective rate of 10%. Gains in excess of £1m are charged at 18% |
|
| Back to Tax Rates 2009/10 |
Bayliss Ware Ltd. Chartered Accountants.
Registered office: 9 Stratfield Park, Elettra Avenue, Waterlooville, Hants, PO7 7XN
Registered in England. Company No.: 3180843
VAT Number: 675 9982 55
Email: info(at)baylissware.com | Telephone: 023 9279 9744 | Fax: 023 9279 9755
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