Capital Gains Tax

	2009-10	2008-09
On chargeable gains	18%	18%

Entrepreneurs' relief - This will reduce the chargeable gain on qualifying assets by 4/9 - an effective rate of 10%. An individual will be able to make claims for disposals on or after 6 April 2008. Claims may be made on more than one occasion, up to a "lifetime" total of £1 million of gains

Annual exemption amount - individuals	£10,100	£9,600
Annual exemption amount - most trustees	£5,050	£4,800

Transfers between spouses and civil partners are generally not chargeable.