Govt tweaks CGT regime but leaves IHT untouched for now

Response to OTS recommendations

Jenna Brown
clock • 9 min read
Govt tweaks CGT regime but leaves IHT untouched for now
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Govt tweaks CGT regime but leaves IHT untouched for now

The government has accepted five recommendations from the Office for Tax Simplification (OTS) on issues relating to capital gains tax (CGT) in a bid to “provide some practical simplifications for taxpayers”.

In its official response to the OTS reports into the operation of CGT and inheritance tax (IHT), MP Lucy Frazer said officials were also considering the details of five more of the recommendations set...

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