David Cameron has been forced to water down capital gains tax proposals to
ensure the elderly are not caught out by the moves.
It is believed that those over-65’s are to be spared the increase in CGT for
non-business assets, such as second homes.
The Chancellor George Osborne may announce the exemptions in the emergency
The coalition government announced a raid on non-business assets, which
called for gains to be taxed at a rate closer to 40% instead of 18%.
The plans were heavily criticised by politicians and business groups.
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