Short-term speculators should bear the burden of the capital gains tax (CGT) hike announced yesterday by the coalition Government, says Fidelity.
Savvy advisers have already been preparing for the hike in capital gains tax (CGT) - confirmed by the Government yesterday - recent research suggests.
Advisers are divided over how and when to deal with a potential "double tax hit" expected to be announced in an emergency Budget on 22 June.
The CEO of Rolls-Royce has sold nearly half his shares ahead of an expected capital gains tax (CGT) rise which has prompted open rebellion from grassroots Tories.
Fidelity International is urging the Government to consider the effect of inflation when introducing its planned rise in capital gains tax (CGT).
Bestinvest's Adrian Lowcock reveals five top tips to avoid capital gains tax (CGT) as the Government moves to raise the rate on non business assets to as high as 50%.
Advisers warn a proposed substantial rise in capital gains tax (CGT) on so called 'non-business' assets could damage fragile investor activity.
Mark Benson examines the effect on equity markets of the forthcoming rise in CGT.
John Whiting of the Chartered Institute of Taxation mulls the implications of the coalition
Capital Gains Tax(CGT) is set to rise on so called 'non-business' assets under the new Coalition Government to help reduce income tax for low earners.