Capital Gains Tax

		2022/23	2021/22	2020/21
Rates
Residential property rates
Basic rate		18%	18%	18%
Higher rate		28%	28%	28%
Additional rate		28%	28%	28%
Other chargeable asset rates
Basic rate		10%	10%	10%
Higher rate		20%	20%	20%
Additional rate		20%	20%	20%
Companies
Added to income on corporation tax return		19%	19%	19%
Trusts
Trustees		20%	20%	20%

Capital gains tax reliefs - lifetime limits		2022/23	2021/22	2020/21
Business Asset Disposal Relief (Entrepreneurs' Relief)	10%	£1,000,000	£1,000,000	£1,000,000
Investors' relief	10%	£10,000,000	£10,000,000	£10,000,000

Annual exemptions		2022/23	2021/22	2020/21
Individuals and estates		£12,300	£12,300	£12,000
Trusts		£6,150	£6,150	£6,150
Chattels (5/3 taxable on excess above)		£6,000	£6,000	£6,000