Annual Exemption « Tax Planner

Annual Exemption Print

For 2018/19 the CGT annual exemption for individuals is £11,700. This is being increased to £12,000 for 2019/20.

In the event that there are CGT losses brought forward from earlier years, the losses are only required to cover gains in excess of the annual exemption for the year.

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Capital Gains Tax
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Annual Exemption Print

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