Investors fear CGT hike as Sunak vows to get public finances on track

2020 CGT revenue reached record £9.9bn

Pedro Gonçalves
clock • 2 min read
Rishi Sunak at a Bloomberg conference. | Credit: Treasury

Rishi Sunak at a Bloomberg conference. | Credit: Treasury

Investors are being told to consider selling assets such as property and investments as tax experts predict capital gains tax (CGT) rates will rise next year.

Revenue from Capital Gains Tax (CGT) reached a record £9.9bn last year, even as the number of taxpayers fell, according to the latest figures from HMRC. Investors fear even higher CGT rates next year...

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