Capital Gains Tax

     
T14.1 - Capital gains tax
Estimated taxpayer numbers, gains and tax accruals by year of disposal
Numbers: thousands; Amounts: £ million
Year of disposal
Individuals
Trustees
All taxpayers
Number (3)
Amount of gains (2)
Amount of tax
Number
Amount of gains (2)
Amount of tax
Number
Amount of gains (2)
Amount of tax
1987-88
135
7,994
1,993
17
718
182
152
8,712
2,175
1988-89
135
5,366
1,637
16
626
155
151
5,992
1,792
1989-90
127
4,832
1,495
17
654
163
144
5,486
1,658
1990-91
96
2,912
869
12
419
107
108
3,332
976
1991-92
75
2,634
804
10
365
90
85
2,999
894
1992-93
60
1,885
539
9
275
67
70
2,160
606
1993-94
77
2,740
809
12
445
110
90
3,185
919
1994-95
64
2,212
651
10
367
93
73
2,579
745
1995-96
86
3,131
890
13
809
220
98
3,940
1,110
1996-97
97
3,918
1,203
20
1,053
255
117
4,917
1,458
1997-98
142
5,444
1,657
28
1,575
369
170
7,019
2,026
                   
1998-99 (1)
136
5,932
1,924
25
1,008
316
160
6,940
2,240
1999-00 (1)
186
8,806
2,840
29
1.594
510
215
10,400
3,350
2000-01 (1) 189 8,365 2,617 25 1,274 403 214 9,639 3,020

Footnotes

  1. Provisional.
  2. The amount of trading losses and past capital losses deducted from gains of taxpayers for 1998-99 was £94m for individuals and £19m for trusts. Corrresponding figures for 1999-00 and 2000-01 are £181m and £179m for individuals and £24m and £14m for trusts.
  3. Before the introduction of Independent Taxation in 1990-91 each taxpaying married couple counted as one "individual". From
    1990-91 husbands and wives both with CGT liabilities are counted separately.
Notes on the Tables
Estimated taxpayer numbers, gains and tax accruing by year of disposal
  1. This table uses assessment data up to and including the close of 1997 account (31 October 1997) and data from Self Assessment returns for 1996-97 onwards.
 
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