Revised UK Capital Gains Tax Rates

From the 23rd June 2010 the rates of tax applicable to capital gains changed.

For individuals the rate of tax will be either 18% or 28%. The rate applicable depends on your total taxable income and the gains made for the relevant tax year.

The tax rate applicable for trustees has increased to 28%.

For gains that qualify for Entrepreneurs relief the rate of tax is 10%.

If you would like us to calculate your Capital Gains Tax Bill, please contact us.

The Financial Services Authority does not regulate certain types of advice such as tax planning.