|Capital Gains Tax: Individuals and Trustees||2016-17||2015-16|
|Annual exempt amount|
|Standard rate taxpayers||10%||18%|
|Higher rate taxpayers / Trustees||20%||28%|
|Limit for gains subject to entrepreneurs’ Relief||£10,000,000||£10,000,000|
|Entrepreneurs’ Relief rate||10%||10%|
|* There is an 8% surcharge on the sale of chargeable residential property and carried interest (the share of profits or gains that is paid to asset managers).
A 10% rate on long term external investment in unlisted companies was introduced on 6 April 2016, up to a separate maximum of £10 million of lifetime gains.
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