Statutory Instruments
2018 No. 244
Capital Gains Tax
The Capital Gains Tax (Annual Exempt Amount) Order 2018
Made
26th February 2018
The Treasury make the following Order in discharge of the duty imposed 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 2018.
Exempt amount of capital gains for 2018-19
2. The amount which is, by virtue of section 3 of the Taxation of Chargeable Gains Act 1992, the exempt amount for the tax year 2018-19 (unless Parliament otherwise determines) is £11,700.
Rebecca Harris
Andrew Stephenson
Two of the Lords Commissioners of Her Majesty’s Treasury
26th February 2018
1992 c.12 . Relevant amendments to section 3 were made by section 8 of the Finance Act 2011 (c.11) , section 34 of the Finance Act 2012 (c.14) and section 9 of the Finance Act 2014 (c.26) .