Capital Gains Tax: Individuals and Trustees |
2023-24 |
2022-23 |
Annual exempt amount |
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Individuals |
£6,000 |
£12,300 |
Trusts |
£3,000 |
£6,150 |
Rates |
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Standard rate taxpayers |
10% |
10% |
Higher rate taxpayers / Trustees |
20% |
20% |
Business Asset Disposal Relief Rate lifetime limit |
£1,000,000 |
£1,000,000 |
Business Asset Disposal Relief Rate |
10% |
10% |
Investors' relief lifetime limit |
£10,000,000 |
£10,000,000 |
| Investors' relief rate | 10% | 10% |
* There is an 8% surcharge on the sale of chargeable residential property and carried interest (the share of profits or gains that is paid to asset managers). |
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