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.’
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states