Businesses fear CGT confusion, warns BCC
British Chambers of Commerce members fear CGT changes could sees non-business and business assets confusion
Changes to capital gains tax could hit British business, the
Chambers of Commerce has warned.
Three-quarters of its members surveyed said they feared a rise in CGT on
non-business assets as they were unsure how they would be distinguished from
“We also think this sends out a generally very bad message to potential
investors in Britain that we are a high tax country,” said BCC’s Sam Turvey,