Capital Gains Tax Data
ANNUAL EXEMPTION
| Individuals |
| Year |
Rate |
| 2007/08 |
£9,200 |
| 2006/07 |
£8,800 |
| 2005/06 |
£8,500 |
| 2004/05 |
£8,200 |
| 2003/04 |
£7,900 |
| 2002/03 |
£7,700 |
| 2001/02 |
£7,500 |
|
| Trusts |
| Year |
Rate |
| 2007/08 |
£4,600 |
| 2006/07 |
£4,400 |
| 2005/06 |
£4,250 |
| 2004/05 |
£4,100 |
| 2003/04 |
£3,950 |
| 2002/03 |
£3,850 |
| 2001/02 |
£3,750 |
|
BUSINESS ASSETS – GAINS ON DISPOSALS AFTER 5 APRIL 2002
| No.of whole years in qualifying holding period |
Percentage reduction available |
Percentage of gain chargeable |
| 0 |
– |
100.0 |
| 1 |
50.0 |
50.0 |
| 2 or more |
75.0 |
25.0 |
NON BUSINESS ASSETS-GAINS ON DISPOSALS AFTER 5 APRIL 1998
| No.of whole years in qualifying holding period* |
Percentage reduction available |
Percentage of gain chargeable |
| 0 |
– |
100 |
| 1 |
– |
100 |
| 2 |
– |
100 |
| 3 |
5 |
95 |
| 4 |
10 |
90 |
| 5 |
15 |
85 |
| 6 |
20 |
80 |
| 7 |
25 |
75 |
| 8 |
30 |
70 |
| 9 |
35 |
65 |
| 10 or more |
40 |
60 |
| * Including bonus year added for assets held on 17 March 1998 |
RETAIL PRICE INDEX
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
| January |
166.6 |
171.1 |
173.3 |
178.4 |
183.1 |
188.9 |
193.4 |
201.6 |
| February |
167.5 |
172.0 |
173.8 |
179.3 |
183.8 |
189.6 |
194.2 |
203.1 |
| March |
168.4 |
172.2 |
174.5 |
179.9 |
184.6 |
190.5 |
195.0 |
204.4 |
| April |
170.1 |
173.1 |
175.7 |
181.2 |
185.7 |
191.6 |
196.5 |
205.4 |
| May |
170.7 |
174.2 |
176.2 |
181.5 |
186.5 |
192.0 |
197.7 |
206.2 |
| June |
171.1 |
174.4 |
176.2 |
181.3 |
186.8 |
192.2 |
198.5 |
207.3 |
| July |
170.5 |
173.3 |
175.9 |
181.3 |
186.8 |
192.2 |
198.5 |
206.1 |
| August |
170.5 |
174.0 |
176.4 |
181.6 |
187.4 |
192.6 |
199.2 |
|
| September |
171.7 |
174.6 |
177.6 |
182.5 |
188.1 |
193.1 |
200.1 |
|
| October |
171.6 |
174.3 |
177.9 |
182.6 |
188.6 |
193.3 |
200.4 |
|
| November |
172.1 |
173.6 |
178.2 |
182.7 |
189.0 |
193.6 |
201.1 |
|
| December |
172.2 |
173.4 |
178.5 |
183.5 |
189.9 |
194.1 |
202.7 |
|
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