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Resource Centre Tax
Tables Capital
Gains Tax
Tax Tables
Capital Gains Tax
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2010/11 (£) |
2009/10 (£) |
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Rates of tax |
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Individuals (from 23/06/2010) |
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- Standard rate |
18% |
18% |
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- Higher rate (if gains/income exceed £37,400) |
28% |
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Companies - added to income |
21%/28% |
21%/28% |
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Discretionary and Accumulation & Maintenance Trusts (from 23/06/10) |
28% |
18% |
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Interest In Possession Trusts (from 23/06/10) |
28% |
18% |
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Exemptions |
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Individuals and most estates |
10,100 |
10,100 |
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4,800 |
4,800 |
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Chattels (5/3 taxable on excess above) |
6,000 |
6,000 |
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Entrepreneurs relief: (from 23/06/2010) |
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Up to £5,000,000 |
10% |
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Over £5,000,000 |
28% |
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Entrepreneurs relief: (to 22/06/2010) |
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Up to £2,000,000 |
10% |
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Over £2,000,000 |
18% |
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Entrepreneurs relief: (2009/10) |
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Up to £1,000,000 |
10% |
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Over £1,000,000 |
18% |
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Critical questions for your business
Are you paying too much tax?
Are you making enough profit from your business?
Would you like to be able to compare your business with others?
Are you looking for pro-active business support from your accountant?
Is your business where you want it to be?
Do you understand the numbers in your accounts?
Do you have a business plan?
Do you have a marketing plan?
Will your business meet your retirement needs?
Have you a succession, retirement or exit strategy?