Capital Gains Tax

2012-2013

2011-2012
Individuals/Trusts 28%* 28%*
Entrepreneurs' Relief effective rate 10% 10%

* Remains at 18% for basic rate individuals.

Annual Exemptions 2012-2013

2011-2012

Individuals and personal representatives £10,600 £10,600
Trusts generally £5,300 £5,300
Chattels exemption £6,000 £6,000
Entrepreneurs' Relief lifetime limit of gains £10,000,000 £10,000,000

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