Explanatory Notes

Finance Act 2014

2014 CHAPTER 26

17 July 2014

Introduction

Section 8: Capital Gains Tax Annual Exempt Amount for 2014-15

Details of the Section

2.Subsection (1) sets the annual exempt amount at £11,000 for 2014-15.

3.Subsection (2) disapplies the indexation provisions for the annual exempt amount for 2014-15.