February 10, 2023
The UK tax system treats certain taxpayers differently to others, which leads to inequality in terms of the amount of tax paid on similar levels of funds.
capital gains tax Archives - Personal Tax Accountant Services Uk - Tax Advisors Consultant London
November 30, 2022
The first instalment of Chancellor Hunt’s tax policy changes has been published in the unusually slim Autumn Finance Bill 2022.
November 7, 2022
Why are the rates of capital gains tax (CGT) so much lower than income tax rates?
It’s a historical thing. When CGT was introduced in April 1965 it came in at a flat 30%, which was significantly lower than tax on income at that time. Before 1962, when Financial Secretary Anthony Barber introduced a speculative gains tax, capital gains were not taxed at all.