Limited Company tax calculator
calculate how much we can save you with our calculator click here
PAYE umbrella calculator
calculate how much we can save you with our calculator click here
Capital Gains Tax
Capital Gains Tax Rates and Bands 2009/10
Standard rate |
18% |
Entrepreneurs' relief - effective rate |
10% |
Annual exemption - individual |
£10,100 |
Annual exemption - settlement(s) |
£5,050 |
Entrepreneurs' relief (from 6 April 2008) |
£1 million |
Entrepreneurs' relief is available in respect of gains made on the disposal of all or part of a business, or gains made on disposals of assets following the cessation of a business or gains by certain individuals who were involved in running the business. The first £1 million of gains in a lifetime since 6 April 2008 that qualify, will be charged to CGT at an effective rate of 10%. Gains in excess of £1 million will be charged at the normal rate of 18%. An individual will be able to make claims for relief on more than one occasion, up to a lifetime total of £1 million of gains qualifying for relief.
Latest News
6th August 2010
News: Question of the Month14th July 2010
News: Carrington Accountancy Clients Cash in on Spain’s World Cup Victory8th July 2010
News: Cycle to Work Scheme-Get on Your Bike!


