2017 / 2018 CGT Annual Exemption

How!

I recently asked on Twitter if anyone knew the CGT allowance for 2017/2018 having found a RSM Tax Sheet that said it is £11,300.

https://www.rsmuk.com/-/media/files/tax/tax-facts-2017.pdf?la=en

I asked RSM the source, who referred me to the following link:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/192093/cgt-annual_exempt_amount.pdf

They have based the calculation on the Sept CPI figure which they told me was 1% which therefore suggests that the new CGT allowance should be £11,211 rounded up to the nearest £100 which is £11,300.

I just thought I would share in case anyone else is prepping for Bed & ISA season.

Nathan




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