2019/20	2020/21
		£	£
Capital gains tax
Rate
– basic rate tax payer		10%	10%
– higher rate tax payer		20%	20%
Gain on sale of residential property
– basic rate tax payer		18%	18%
– higher rate tax payer		28%	28%
Annual exemptions – individuals (per year)		£12,000	£12,300
Certain trusts for disabled persons (per year)		£12,000	£12,300
Other trusts (per year)		£6,000	£6,150
Entrepreneurs’ Relief lifetime limit (note 1)		£10,000,000	£1,000,000
Investors’ Relief lifetime limit		£10,000,000	£10,000,000
Entrepreneurs’/Investors’ rate		10%	10%
Chattels exemption		£6,000	£6,000
Note 1: Entrepreneurs’ Relief lifetime limit is reduced from £10m to £1m for disposals made on or after 11 March 2020.