Statutory Instruments
2011 No. 899
Capital Gains Tax
The Capital Gains Tax (Annual Exempt Amount) Order 2011
Made
23rd March 2011
The Treasury make the following Order in discharge of the duty conferred by section 3(4) of the Taxation of Chargeable Gains Act 1992( 1 ):
Citation
1. This Order may be cited as the Capital Gains Tax (Annual Exempt Amount) Order 2011.
Exempt amount of capital gains for 2011-12
2. The amount which, by virtue of section 3 of the Taxation of Chargeable Gains Act 1992, is, unless Parliament otherwise determines, the exempt amount for the tax year 2011-12 is £10,600.
Michael Fabricant
James Duddridge
Two of the Lords Commissioners of Her Majesty’s Treasury
23rd March 2011
1992 c. 12 ; section 3 was amended by section 83 of the Finance Act 1993 (c. 34) , paragraph 3 of Schedule 21 to the Finance Act 1998 (c. 36) , paragraph 3 of Schedule 28 to the Finance Act 2003 (c. 14) and paragraph 26 of Schedule 2 and paragraph 56 of Schedule 7 to the Finance Act 2008 (c. 9) . The annual exempt amount was last increased by S.I 2009/824 .