Advisers to hit the drawing board if govt overhauls CGT

Proposals to bring CGT in line with income tax

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Advisers to hit the drawing board if govt overhauls CGT

Financial advisers have warned they will have to have a rethink if proposals from the government’s capital gains tax (CGT) review come to fruition.

A new report from the Office for Tax Simplification (OTS) says that CGT intake could be doubled to £14bn if it is brought in line with income tax. Minesh Patel, financial planner and director at EA...

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