All assets are regarded as chargeable assets except for those which are specially exempted from CGT. The main exemptions are as follows:  A taxpayer’s private residence  Motor cars, including vintage and veteran cars (although not personalised numberplates)  Items of tangible, removable property (referred to as “chattels” which are disposed of for £6,000 or less.  Chattels … Continue reading Capital Gains Tax Exemptions. Learn how to avoid CGT on qualifying investments and settlements