Tax Rates & Allowances 2014/15

Capital Gains Tax

2014/15

2013/14

Individuals £ £
Exemption 11,000 10,900
Standard rate 18% 18%
Higher rate* 28% 28%
Trusts    
Exemption 5,500 5,450
Rate 28% 28%
*For higher and additional rate taxpayers
Entrepreneurs’ Relief
The first £10m of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.