Capital Gains Tax
| 2019/20 | 2018/19 | |
| Tax Rates - Individuals | ||
| Up to basic rate limit (1) | 10% | 10% |
| Above basic rate limit | 20% | 20% |
| Tax Rates - Trusts and Estates | 20% | 20% |
| Exemptions | ||
| Individuals, estates etc | £12,000 | £11,700 |
| Trusts generally | £6,000 | £5,850 |
| Entrepreneurs' Relief | ||
| Gains taxed at | 10% | 10% |
| Lifetime limit | £10,000,000 | £10,000,000 |
| Notes | ||
| 1. Basic rate limit 2019/20 £37,500 2018/19 £34,500 | ||
