Today news
About the same in other media
Reeves to use Budget to hike capital gains tax on sale of shares – reports
Reading now: 720
Existing CGT on profits from the sale of shares is currently levied at 20% and is expected to rise by «several percentage points», according to The Times. As part of the tax hike, Reeves is also expected to end a swathe of reliefs that currently exist, as she attempts to gather revenues to address the £22bn fiscal deficit she inherited. One government source told The Times that potential revenues from this policy could be in the «low billions». Think-tank IFS urges government to carry out 'serious' capital gains tax reform A Treasury spokesperson said: «We do not comment on spec...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
IMF upgrades UK growth forecast in boost to Reeves ahead of Autumn Budget investmentweek.co.uk /3 weeks ago
UK finances near 'breaking point' ahead of Budget with public borrowing £1.5bn higher than OBR forecasts investmentweek.co.uk /3 weeks ago
Military gains strengthen Netanyahu’s hand, but Israelis remain divided livemint.com /3 weeks ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
