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Capital gains tax rates

 Year  General rate
 2014 to 2017 33%
 2013  33% (since 6 December 2012)
 2012  30% (since 7 December 2011)
 2011  25% (since 7 April 2009)
 2010  25% (since 7 April 2009)
 2009 22% (since 14 October 2008)
 2008  20% (since 1 December 1999)

 

Higher rate

A 40% higher rate applies to gains on disposals of:

(a) foreign life assurance policies (s 594(2)(f)), and

(b) a material interest in certain offshore fund (s 747A).

This rate applies across all tax years.

10% rate (entrepreneur relief)

The 10% rate applies to a chargeable gain from selling a business or shares in a business (chargeable business assets): s 597AA