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Rates & Allowances 2018/2019: Capital Gains Tax

Capital gains tax rates and bands for 2018/19

On chargeable gains
Total taxable income and gains:
Up to higher rate threshold
From higher rate threshold
Trust rate
*Higher rates (18%/28%) may apply to the disposal of certain residential property and carried interest. 20%*
Annual exemption
– individual £11,700
– most trustees £5,850
Transfers between spouses or civil partners living together are generally exempt.


Entrepreneurs’ Relief and Investors’ Relief

Qualifying gains will be taxed at 10%. Claims may be made on more than one occasion up to a ‘lifetime’ total of £10 million per relief.

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