| Capital
Gains Tax : Individuals and Trustees |
|
|
|
| Annual
exempt amount |
2007/08 |
2008/09 |
2009/10 |
| Individuals
etc. |
9200 |
9600 |
10100 |
| Most
trustees |
4600 |
4800 |
5050 |
Individuals,
trustees of settlements for vulnerable
persons, and personal representatives
of the estate of a deceased person. |
|
|
|
The
amount chargeable to Capital Gains
Tax (CGT) is added onto the top of
income liable to income tax for individuals
and is charged to CGT at these rates: |
|
|
|
| below
the starting rate limit at 10 per cent |
|
|
|
| between
the starting rate and basic rate limits
at 20 per cent |
|
|
|
| and
above the basic rate limit at 40 per
cent |
|
|
|
