Two-thirds of AIM companies oppose changes to the CGT regime.
A survey of 192 AIM companies by
Williamson found that 41% were strongly against a flat 18% tax rate
for CGT, while a further 25% were against the change.
‘It is clear that business owners are furious about the proposed change to
the capital gains tax regime,’ said John Cowie, head of AIM at Smith &
‘Ironically, the government has been fortunate that we are in a bear market
right now and there are few capital gains to be made. This might, otherwise,
have precipitated a sell-off of AIM stocks before April which could have been
disastrous for business owners and investors alike.’
MTD represents 'the single most significant change to the UK’s system of taxation in recent times', says Knill James partner Nick Rawson. So, how prepared are SMEs for digital tax reporting?
The SME community voices concern about the chancellor's measures in the Spring Budget
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals
Unincorporated businesses under the VAT threshold given an extra year to prepare before MTD becomes mandatory