** For 2007/08 after any reduction for taper relief is added
onto the top of income liable to income tax for individuals and is charged to
CGT at these rates:
- below the starting rate limit at 10%,
- between
the starting rate and basic rate limits at 20%,
- and above the basic rate
limit at 40%.
*** Entrepreneurs' relief is available on the first £1 million of qualifying lifetime gains on or after 6th April 2008.
Transfers between husband and wife or civil partners living together
are exempt.
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