TaxCorporate Tax17,000 sign up to CGT petition

17,000 sign up to CGT petition

Daily Telegraph petition shows wall of resistance to government's plans for capital gains tax

17,000 people have signed a petition asking the government to stop its
capital gains tax hike.

The petition was drawn up by the
Daily
Telegraph
to lobby against the proposed raid on CGT assets such as second
homes.

The coalition is set to increase CGT from 18% to “closer” to the 40% higher
rate of income tax.

Further reading:

Private
equity body calls members to action on CGT rise

Cameron
makes CGT climbdown

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