Treasury ministers are to hold a final consultation with business today over the controversial plans to reform capital gains tax.
The chancellor Alistair Darling is due to unveil plans for the tax tomorrow, it is thought.
Andy Burnham, the chief secretary to the Treasury, is meeting the CBI, the Institute of Directors and others, the FT reported.
The plans entail ditching the current system of taper relief, indexation allowance and different rates for one single 18% rate.
David Frost, director-general of the British Chambers of Commerce, said: 'The concern is that this is all about a great tax take from business. This has never been about simplification – this is about the intention to raise £900m. Looking at the awful state of the public finances…they're clearly scrabbling around to see where the money [for concessions] is going to come from.'
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