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
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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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