Capital Gains Tax

		2012/13 and 2011/12
Individuals	Exemption	£10,600
	Standard Rate	18%
	Higher Rate*	28%
Trusts	Exemption	£5,300
	Rate	28%

*For higher and additional rate taxpayers

Entrepreneurs Relief

For disposals on or after 6 April 2011 the first £10m (£5m for disposals on or after 23 June 2010 and before 6 April 2011) of qualifying gains are charged at 10%. Gains in excess of the limit are charged at the rates detailed above.

We offer a free initial meeting to discuss your needs - if you are interested please Contact Us