Capital Gains Tax
| Annual exempt amount | 2010-11 (£) | 2009-10 (£) |
| Individuals etc* | 10,100 | 10,100 |
| Other trustees | 5,050 | 5,050 |
*Individuals, trustees of settlements for the disabled, and personal representatives of the estate of a deceased person.
| 2010-11 (£) | 2009-10 (£) | |
| Rate of tax | 18% | 18% |
| Entrepreneurs' Relief** - effective rate | 10% | 10% |
** Entrepreneurs' relief is available on the first £2 million (£1 million before 6 April 2010) of qualifying lifetime gains on or after 6th April 2008.
Transfers between husband and wife or civil partners living together are exempt.
