Terence Houghton & Co. Ltd

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Capital Gains Tax

2009/10
2008/09
Individuals
£
£
10,100
9,600
 
Trusts
5,050
4,800
Balance of gains *
18%
18%
*Taper relief abolished for gains arising on or after 6 April 2008.

Entrepreneurs’ Relief
For gains arising on or after 6 April 2008, the first £1m of qualifying gains are charged at an effective rate of 10%. Gains in excess of £1m are charged at 18%.


Terence Houghton & Co is a trading name of Terence Houghton & Co. Limited. Registered in England Company Number 05859090
Registered office : 12-14 Percy Street, Rotherham, S65 1ED


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