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Capital Gains Tax

2010/2011
2009/2010
Individuals - exemption
£10,100
£10,100
Trusts - exemption
£5,050
£5,050
- balance of gains
18%
18%

 

Entrepreneurs' Relief
The first £2m (£1m for disposals before 6 April 2010) of qualifying gains are charged at an effective rate of 10%. Gains in excess of the limit are charged at 18%.
 
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