Tax Rates 2015/16

Capital Gains Tax

  2015/16 2014/15
Annual exemption
Individuals, estates £11,100 £11,000
Most trusts 5,550 5,500
Tax rate
Individual (to basic rate limit) 18% 18%
Individual (above basic rate limit) 28% 28%
Entrepreneurs’ Relief (ER)* 10% 10%
Trusts, estates 28% 28%

*ER is available for lifetime gains of up to £10m. Qualifying disposals include a trading business or shares in a trading company (from a minimum 5% holding) of an officer/employee. Other conditions apply.