2007 No. 942
capital gains tax
The Capital Gains Tax (Annual Exempt Amount) Order 2007
Made
The Treasury make the following Order in discharge of the duty imposed upon them by section 3(4) of the Taxation of Chargeable Gains Act 19921:
Citation1
This Order may be cited as the Capital Gains Tax (Annual Exempt Amount) Order 2007.
Exempt amount of capital gains for 2007-082
The amount specified as the exempt amount for the year 2007-08 by virtue of section 3 of the Taxation of Chargeable Gains Act 1992 is, unless Parliament otherwise determines, £9,200.
Frank RoyAlan CampbellTwo of the Lords Commissioners of Her Majesty’s Treasury
EXPLANATORY NOTE
(This note is not part of the Order)