Capital Gains Tax Rates 2011-2012

2011-2012

Individuals/Trusts 28%

Entrepreneurs’ Relief effective rate 10%

Annual Exemptions

Individuals and personal representatives £10,600 

Trusts generally £5,300 

Chattels exemption (5⁄3 taxable on excess) £6,000

Entrepreneurs’ Relief lifetime limit of gains £10,000,000