Capital Gains Tax Exempt Amounts and Rates

Individuals £12,300 £12,300 £12,300  £12,000 £11.700
Trustees - reduced by 50% for most trusts £6,150 £6,150 £6,150 £6,000 £5,850
Principle Private Residence Exemption No limit  No limit  No limit No limit No limit
Chattels Exemption £6,000 £6,000  £6,000  £6,000 £6,000
Retirement Relief: age 55 and above or less than 55 on ill-health grounds - sale of business assets No CGT No CGT  No CGT No CGT No CGT
Main rate for individuals 10%* 10%*  10%* 10%* 10%*
Main rate for trustees and personal representatives 20% 20% 20% 20% 20%

* For basic rate taxpayers only. Higher and additional taxpayers pay 20%

Related links

This website is intended for financial advisers only and shouldn't be relied upon by any other person. If you are not an adviser please visit

The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.