|On chargeable gains||Amount|
|Total taxable gains and income|
|up to higher rate threshold||10%*|
|from higher rate threshold||20%*|
*Higher rates (18%/28%) may apply to the disposal of certain residential property and carried interest.
|proceeds per item or set||£6,000|
Transfers between spouses or civil partners living together are generally exempt.
Qualifying gains will be taxed at 10%.
Claims may be made on more than one occasion up to a 'lifetime' total of £10 million.