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This 367-word blog post discusses the review of Capital Gains Tax to ensure the system remains fit for purpose.
Written on 16 July 2020.
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Could we be in for a significant change to Capital Gains Tax?
As the UK economy and public purse recovers from the Covid-19 pandemic, Treasury ministers are searching for financial solutions, which could include a tax hike.
Now, the Chancellor Rishi Sunak has written to the Office of Tax Simplification (OTS) asking them to review Capital Gains Tax and aspects of the taxation of chargeable gains.
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