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2018-19 | 2017-18 | ||
---|---|---|---|
Individuals | Exemption | £11,700 | £11,300 |
Chattels proceeds exemption | £6,000 | £6,000 | |
Standard Rate for other chargeable assets | 10% | 10% | |
Standard Rate on Residential property (not principal place of residency) |
18% | 18% | |
Higher Rate tax payers on other chargeable assets | 20% | 20% | |
Higher Rate tax payers on Residential property (not principal place of residency) |
28% | 28% | |
Trusts | Exemption | £5,850 | £5,650 |
Balance of Gains | 28% | 28% |
Click Here to download the current tax year's abacus Tax Tables pdf booklet
Click Here to download the previous tax year's abacus Tax Tables pdf booklet
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