FOR ADVISERS ONLY
Capital Gains Tax Exempt Amounts and Rates
| 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | |
|---|---|---|---|---|---|
| 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%