The capital gains tax annual exemption for 2014/15 is £11,000 and for 2015/16 £11,100.
Transfers between spouses and civil partners living together are exempt.
Entrepreneurs' relief is available in respect of gains made on the disposal of all or part of a business, or gains made on disposals of assets following the cessation of a business or gains by certain individuals who were involved in running the business.
Did you know?
That the Treasury is expecting to raise £5.1 billion (2012/13 - £3.9 billion) from capital gains tax.