Capital Gains Tax

On chargeable gains	2011-12
Total taxable income and gains : Up to £35,000	18%
From £35,001	28%
Trust rate	28%
Entrepreneurs' Relief Qualifying gains will be taxed at 10%. Claims may be made on more than one occasion up ot a 'lifetime' total of £10 million
Annual exemption amount - individuals	£10,600
Annual exemption amount - most trustees	£5,300

Transfers between spouses and civil partners are generally not chargeable.