Second homes and shares could be sold in a bid to avoid a hike in CGT by the
new coalition government.
Increasing the CGT rate for non-business assets close to the top income tax
rate of 50% could see investors make sales before it comes into effect. The new
rate could be introduced next year.
The hike was likely to lead to investors scrambling to make sales, reported
Age that the definition of “non-business assets” was still
unclear, although shares and second homes were likely to come under the remit.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy