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Tax Tables

Capital Gains Tax

Rates

30-Oct-24 - 5-Apr-25

6-Apr-24 - 29-Oct-24

2023/24

2022/23

Residential property rates

Basic rate 18% 18% 18% 18%
Higher rate 24% 24% 28% 28%
Additional rate 24% 24% 28% 28%

Other chargeable asset rates

Basic rate 18% 10% 10% 10%
Higher rate 24% 20% 20% 20%
Additional rate 24% 20% 20% 20%

Companies

Added to income on corporation tax return Marginal rate Marginal rate Marginal rate 19%

Trusts

Residential property 24% 24% 28% 28%
Other chargeable assets 24% 20% 20% 20%
 

Capital gains tax reliefs - lifetime limits

30-Oct-24 - 5-Apr-25

6-Apr-24 - 29-Oct-24

2023/24

2022/23

Business Asset Disposal Relief (Entrepreneurs' Relief) 10% £1,000,000 £1,000,000 £1,000,000 £1,000,000
Investors' relief 10% £1,000,000 £10,000,000 £10,000,000 £10,000,000
 

Annual exemptions

2024/25

2023/24

2022/23

Individuals and estates £3,000 £6,000 £12,300
Trusts £1,500 £3,000 £6,150
Chattels (5/3 taxable on excess above) £6,000 £6,000 £6,000
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