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Capital Gains Tax
Individuals |
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- Standard rate taxpayers |
10% |
10% |
10% |
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- Additional rate taxpayers |
20% |
20% |
20% |
Companies - added to income |
19% |
19% |
19% |
Discretionary and Accumulation & Maintenance Trusts |
20% |
20% |
20% |
Interest in Possession Trusts |
20% |
20% |
20% |
Higher rate will apply to specific residential property sales. |
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- Standard rate individuals |
18% |
18% |
18% |
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- Higher rate taxpayers and trusts |
28% |
28% |
28% |
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Individuals and most estates |
12,300 |
12,000 |
11,700 |
Most trusts |
6,150 |
6,000 |
5,850 |
Chattels (5/3 taxable on excess above) |
6,000 |
6,000 |
6,000 |
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Rate on gains with relief:
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10% |
10% |
10% |
Lifetime limit
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£1,000,000*
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£10,000,000
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£10,000,000
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Lifetime limit
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£10,000,000
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£10,000,000
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£10,000,000
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*For assets disposed of after 20 March 2020, otherwise the £10,000,000 limit applies
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