Maidment Judd Chartered Accountants
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Capital Gains Tax

2010/11

6.4.10 - 22.6.10

23.6.10 - 5.4.11
Individuals £ £
Exemption 10,100 10,100
Standard rate 18% 18%
Higher rate* - 28%
Trusts    
Exemption 5,050 5,050
Rate 18% 28%
*For higher and additional rate taxpayers
Entrepreneurs’ Relief
The first £5m (£2m for disposals on/after 6 April 2010 and before 23 June 2010) of qualifying gains are charged at an effective rate of 10%. Gains in excess of the limit are charged at the rates detailed above.

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