P268 CJEFAX 268 Tue 30 May 19:11/34 9/6 O TAX GUIDE CAPITAL GAINS TBX 2 year to 5 April) = £5,800W In 1 95/6 h ri j t £6,00 5 annubl exemption. Transfers between spouses don't result in COT being 5 pa l How r a pot with cap sal louse can t u j them to lowe5 their partners gahns below £5,800. Gains over £5,800 are treated as you top slice of income and ar taxed at mbrginbl income rates. Sou5ce: Blay's G5ideuP268 CEEFAX 268 Tue 30 May 19:17/34 2/6 5 OTHE CG RELIEF DISC JTJONARZTRUSTSCOT DISABLED PERSONS TRUSTS exempt to £5,800 pa (other trusts £2,900). Other exemptions: indi du l nly aim r d nc -aSAYE certificates. savings certs - ri s and b t n s w nn n 5 - p ivbte motor car - ife ass c li ( 5 and b n f iar9 - gifts to charities - compensation or dambges awarded -Qchattels-if proceeds not>£6,X P268 CEEFAX 268 Tue 30 May 19:12/25 3/6 | X GUI E All gains made prior to 31/3W82 are xempt r m G . 8 Indexation Allowance has b en m1d to give relief from inflation. d b Inrtial value of the asset an hj lhnj whuh the Retain Prhed Ivde| from the date acquired (or 31/3/82 if owned thjnQ to the dispo al dat n p p d f r £2 n 0 .Q£ 2, p wa pbid 0o it in October 1985: s41 saG 9u.6a= .)78 b dd p £12,100 x £1.478 = £17,884 222 £2 r[ 0-£ p884]£4,016] a blj gain p Spruce: Blay'p G5ide5 Annxeti2s Enonomz CityHeads BEstvatzsP268 CEEFAX 268 Tue 30 May 19:18/18 l4| |, ,| TAX GUIDE . /. / CAPITBL GAINS TAX 2 Indexation Allowances a d 1[82 p1;83 d1984 1985 1986 Jan 82.6 86.8 91.2 96W2 Feb 83.1 87.2 91.9 96.6 Mar 79.4 83.1 87.5 ]2.8 96.7 Apr 81.0 84.3 88.6 94.8 97.7 Jun 81.9 84.8 89.2 95.4 97.8 Jul 81.9 85.3 89.1 95.2 97.5 Aug 81.9 85.7 89.9 95.5 97.8 Sip 81.9 86.1b 90.1 95.4 98.3 p ct 82.3 86.4 90.7 95.6 98.5 Nov 82.7 86.7 91.0 95.9 99'3 Dec 82.k 86.9 90.9 96.0 99.6 p all figures rebasjd to Jan 1987=100 Source:aCentral Statistical OfficeP268 CEEFAX 268 Tue 30 May 19:20/49 5/6 TBX0GUIDE CAPITcL GAINS TAX Ind xati n A l wa ce C1987 1988 1989 990 1999 5 n 1 1 .3 1 11 .5 2 Feb 1p0.4 103.7 111.8 120.2 130.9 Mar 100.5 1X4.1 112.3 121.4 131'4 Apr 101.8 105.8 114.3 125.1 133.1 J2n 101.9 106.6 115.4 126.7 134.1 Jul 101.8 106.7 115.5 126.8 133.8 5 Au 1 2.1 1 7.9 115 8 12 .1 34.1 S p 10 4 108.4 116. 129.3 134.6 Oct 1p2.9 109.5 127.5 130.3 135.1 Nov 103.4 110.0 11,.5 130.0 135.6 Dec 103.3 110.3 118.8 129.9 135.7 all figures rebated to J1n 1987=100 0 S u c C n al S ate i al fi e 2 nn i i t mP268 CEEFAX 268 Tue 30 May 19:11/26 W 6/6 'n1n2 | T X GUIDE IO Indexation Allowances 1992 1993 1994 1995 Jbn 135.6 137.9 141.3 146.0 Fed 136.3 138.8 142.1 146.9 Mar 13 .7 139 3 142.5 147. Apr 138.8 140.6 144.2 149.0 May 139.3 141.1 44 7 2 Jun 139.3 141.0 144.7 Aug 138.9 141.3 144.7 Sip 139.4 141.9 145.0 Oct 139.9 141.8 145.2 Nov 139.7 141.6 145.3 Dec 139.2 141.9 146.0 all figures rebasjd to Jan 1987=100 Source: Central Statistical Office T xes 2 Annuit eu N e Ec nomy