| Capital gains tax rates and bands are as follows: |
| |
2009/10 |
2008/09 |
| On chargeable gains |
18% |
18% |
| Annual exemption |
|
|
| - individual |
£10,100 |
£9,600 |
| - settlement(s) (spread over total number) |
£5,050 |
£4,800 |
| |
| Chattels exemption |
|
|
| (proceeds per item or set) |
£6,000 |
£6,000 |
|
