'Good news' for Treasury as CGT receipts hit £21.5bn

The increase brings the total CGT receipts for the first eleven months of the 2025/26 tax year to £21.5bn, up by £8.2bn compared to the £13.3bn in the same period during 2024/25. "With one month to go, annual receipts have now exceeded the OBR's forecast of £20.3bn made at the Autumn Budget 2025," Utmost head of UK technical services Simon Martin noted. He added that while it is "good news" for the Treasury, it has dampened the UK's competitiveness. Martin said: "It is unsurprising that demand for financial advice remains strong as individuals seek clarity on the implications for t...