aop
ad

CBI warns Darling of tax 'rage' over CGT

by Nicholas Neveling

28 Nov 2007

If Alistair Darling fails to backtrack on his decision to scrap taper relief he will face intense tax 'rage' from business, the CBI has warned.

At a meeting yesterday Darling faced the business community that has opposed his CGT reforms so vehemently. He said he was 'listening' to their concerns but gave no indication that he would backtrack on his decision.

CBI director general Richard Lambert said Darling had three weeks to outline the final proposals on CGT. If they did not go far enough, Lambert said, there would be a cry of rage.

At the same meeting Tory leader David Cameron said he would fight Darling 'all the way' on the decision to dump taper relief.

Further reading:

Tories say CGT explanations are unravelling

Visitor comments Add your comment

display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit

Search thousands of financial jobs:

Information currently unavailable.

Search thousands of financial jobs:

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

Supplier Statement Reconciliations cover

Supplier statement reconciliations: Manual chore or critical value adding process?

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.

7 Building Blocks cover

7 building blocks for business growth

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