Chancellor Rishi Sunak has requested a review of Capital Gains Tax (CGT) rules from the Office for Tax Simplification (OTS), prompting concerns from investors that there could be a “tax raid” to help offset the public expenditure accumulated during the coronavirus pandemic.
The OTS has published an online survey and a "call for evidence" to seek views regarding CGT. According to the UK Government's website, it wants to "hear directly from individuals and businesses" as well...
No part of the economy has been left untouched by the coronavirus pandemic and VCT dividend payments are not immune, writes John Davies. However, he believes tax-advantaged capital has a role to play in the economic bounceback
‘Careful balancing act’
Time is of the essence
Targeting HNW estates
Supreme Court ruling
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
40% increase year-on-year