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Budget 2005
2007 Budget summary cards by McCabes.

»Introduction
»Personal Income Tax
»National Insurance
  Contributions
»Employees
»Savings & Investments
»Trusts
»Capital Gains Tax
»Stamp Duty Land Tax
»Inheritance Tax
»Corporation Tax
»Business Tax
»Value Added Tax
»Other Measures
»Tax Tables
»National Insurance

 


Capital Gains Tax


Annual exemption and tax rates

The CGT annual exemption for 2007/08 is £9,200 (2006/07: £8,800). Most trustees are entitled to half the individual exemption (it may be divided between trusts set up by the same settlor, to a minimum of £920).


 


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