A million investors would find themselves caught in the CGT-paying net if all
of the Liberal Democrats proposals are pushed through.
The coalition government formed between the Conservatives and Nick Clegg’s
party hammered out a makeshift plan to reduce the public deficit, which included
a move to bring the 18% rate of CGT closer to the 50% top rate of income tax.
The Liberal Democrats also want the tax to be levied below the current
starting level of a £10,100 profit on any investment income.
A threshold of £2,000 has been mooted. Deloitte has estimated this would see
the number of investors forced to pay CGT each year quadrupling to about a
million, according to
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.