Capital Gains Tax
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2010/11 and 2009/10
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Individuals
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£
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Exemption
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10,100
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Balance of gains
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18%
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Trusts
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Exemption
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5,050
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Balance of gains (reduced by taper relief* for 2007/08).
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18%
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Entrepreneurs’ Relief
The first £2m (£1m for disposals before 6 April 2010) of qualifying gains are charged at an effective rate of 10%. Gains in excess of the limit are charged at 18%.
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| Back to Tax Rates 2010/11 |
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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