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21 Feb 2007
The Institute of Directors has called for the threshold for CGT to be lowered, and for the tax to be simplified, to enable more tax to be raised.
The proposal, alongside one to scrap inheritance tax, was outlined yesterday.
Miles Templeman, the director general, said: 'Inheritance tax is now a tax on the thrift and financial independence of ordinary working people. It is time for it to be abolished; with some of the tax benefits offset by changes in capital gains tax.'
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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