Capital Gains Tax

Exemptions	2010/11	2009/10
Individuals, estates, etc	£10,100	£10,100
Trusts generally	£5,050	£5,050
Chattels (restricted to 5/3rds of proceeds exceeding limit)	£6,000	£6,000

Tax Rate - Individuals
To 22/6/10	18%	18%
From 23/6/10 taxable income and post 22/06/10 gains
To £37,400	18%	-
From £37,400	28%	-

Tax Rate - Trusts and estates
To 22/6/10	18%	18%
From 23/6/10	28%	-

Entrepreneurs’ Relief
Lifetime limit to 22/6/10	£2,000,000	£1,000,000
Lifetime limit from 23/6/10	£5,000,000	-
For trading businesses & companies (min. 5% employee or director shareholding) held for at least one year

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Tax Tables