Capital Gain Tax Calculator

     

This calculator designed to enable you to look at your liability to capital gains tax. If you are a higher rate or additional rate tax payer your gain will be taxed at 28%. For individuals where total income and gains are less than the upper limit of the income tax basic rate band the liability on the gain will be calculated at 18%. This calculator enables you to calculate an initial liability to capital gains tax, but does not take into account a situation where a portion of the gain is taxable at 18% and a portion at 28%.

Entrepreneurs’ relief

The rate of capital gains tax qualifying for entrepreneurs’ relief is 10%. The lifetime limit on gains qualifying for entrepreneurs’ relief increased from £2 million to £5 million from 23 June 2010.
Total gains subject to capital gains tax in 2010/11
Higher rate tax payer?   
  
  
Results
Chargeable gain
Chargeable gain
CGT rates
10%
28%

The capital gains tax in 2010/11 is payable on or before 31 January 2012.

Other Calculators

Payslip Calculator
Loan Calcultor
Capital Gains Tax
Gross Profit Margin
Stamp Duty

Want to discover what we could do for you? Get a free consultation today!
click here

Testimonials

"Dean Howard & Co has offered our company a first class service, in both qualitative and quantitative terms. The staff are helpful, courteous and responsive to the needs of our service. the principal partner, Mr Dean engaged in an academic research recently. exploring the difficulties facing access to business finance for small and medium enterprises and his input were tremendously beneficial, insightful, portraying his depth of knowledge of the academic orientations in the sector. We continually recommend his services to others who require an independent, professional service."
- Muibat Babs, Babsinc(UK)Ltd