SCHEDULES
SCHEDULE 14Rates of Capital Transfer Tax
FIRST TABLE
Portion of value | Rate of tax | |
|---|---|---|
Lower limit | Upper limit | Per cent. |
£ | £ | Per cent. |
0 | 50,000 | Nil |
50,000 | 60,000 | 30 |
60,000 | 70,000 | 35 |
70,000 | 90,000 | 40 |
90,000 | 110,000 | 45 |
110,000 | 130,000 | 50 |
130,000 | 160,000 | 55 |
160,000 | 510,000 | 60 |
510,000 | 1,010,000 | 65 |
1,010,000 | 2,010,000 | 70 |
2,010,000 | — | 75 |
SECOND TABLE
Portion of value | Rate of tax | |
|---|---|---|
Lower limit | Upper limit | Per cent. |
£ | £ | Per cent. |
0 | 50,000 | Nil |
50,000 | 60,000 | 15 |
60,000 | 70,000 | 17 ½ |
70,000 | 90,000 | 20 |
90,000 | 110,000 | 22 ½ |
110,000 | 130,000 | 27 ½ |
130,000 | 160,000 | 35 |
160,000 | 210,000 | 42 ½ |
210,000 | 260,000 | 50 |
260,000 | 310,000 | 55 |
310,000 | 510,000 | 60 |
510,000 | 1,010,000 | 65 |
1,010,000 | 2,010,000 | 70 |
2,010,000 | — | 75 |