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CAPITAL GAINS TAX RATES

 

Tax Rates

2017/18

2016/17

Standard Rate *

10%

10%

Higher Rate

20%

20%

Residential Property Rate **

20%/28%

20%/28%

Entrepreneurs’ Rate ***

10%

10%

 

Allowances

 

 

Individuals

£ 11,300

£ 11,100

Chattels Exemption

£   6,000

£   6,000

*     Standard rate applies where income is within basic rates for income tax

**   Rates for residential property not covered by Principle Private Residence Relief

*** Entrepreneurs’ rate applies where gain is eligible for Entrepreneurs’ Relief

Read more about Capital Gains Tax here

 

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Income Tax

Corporation Tax

National Insurance

Capital Gains Tax