P268 CEEFAX 268 Fri 12 Aug 21:28/28
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n1n1 |/ TAX GUIDE
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5 OTHER CG4 RELEEF j
u TRUSTS are liable to 25% CGT. j
5 DISCRETIONARZ TRUSTS 35% CGT. j
5 DISABLED PERSONS TRUSTS exempt to j
u £5,800 pa (othjr trusts £2,900). U
u @ j
5 Other exemptions: j
u - individuals only/main risidjnce j
5 - SAYE certificates. savjngs certs j
5 - prizes and bjttings winnhngs v
5 - private motor car j
5 - life assurance policies (to ownjr j
5 and bjnjficiary) j
5 - gifts to charities j
5 - compensation or damages awardjd j
5 - chattels-if proceeds not>£6,000 j
5 RETIREMENT RELIEF>100% to £250,000. j
u 50% on gains between £250k & £1m j
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Taxes 2 Annuities Inflation Housjs