> Tax > Budget > Tax Tables March 2017 > Capital Gains Tax
Capital Gains Tax
| Tax Rates – Individuals | 16/17 | 17/18 |
| Up to basic rate limit (UK excl. Scotland) | 10% | 10% |
| Above UK basic rate limit (UK excl. Scotland) | 20% | 20% |
| Tax rate – Trusts and estates | 20% | 20% |
| Surcharge for residential property and carried interest | 8% | 8% |
| Exemptions | | |
| Individuals, estates, etc | £11,100 | £11,300 |
| Trusts generally | £5,550 | £5,650 |
| Chattels (gain restricted to 5/3rds of proceeds over limit) | £6,000 | £6,000 |
| Entrepreneurs’ Relief 10% on lifetime limit of | £10,000,000 | £10,000,000 |
| For trading businesses and companies (minimum 5% employee/officer shareholding) held for at least one year |
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