capital gains tax

Individuals, trustees and personal representatives of deceased persons will be hit by a CGT rise to 28% for higher rate income taxpayers from midnight tonight.

Capital gains tax (CGT) will rise to 28% for higher earners from midnight tonight, but the rate for basic rate income taxpayers will stay the same.

Leading City figure and associate of the Chartered Institute of Bankers Terry Smith has sold £40m worth of shares ahead of a likely rise in capital gains tax (CGT).

Capital gains tax (CGT) revenues have increased 23% in the last two years, despite falling numbers of enquiries, according to research by a chartered accountants.

Chancellor George Osborne warned yesterday tough action to cut the deficit is "unavoidable" to ensure Britain is not on the "road to ruin".

Former enterprise tsar Lord Alan Sugar has launched a stinging attack on the proposed increase in CGT, claiming it will have a "devastating effect" on businesses.

Premier Asset Management is launching a new range of model portfolios based on its own risk-profiling method.

The British Chamber of Commerce (BCC) warns the Government's planned rise in CGT on non-business assets would hit firms' assets too.

More than 17,000 vicars, teachers and doctors have signed a petition urging Chancellor George Osborne to scrap plans to increase capital gains tax (CGT).

The Government is likely to make its new tax regime effective immediately after Budget Day, warns PricewaterhouseCoopers (PwC).