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Office of Tax Simplification CGT review put on ice by the Treasury

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Chancellor, Rishi Sunak, commissioned a report from the Office of Tax Simplification (OTS) to look at ways of simplifying the collection of Capital Gains Tax and IHT.

The OTS had recommended in the report that CGT be increased in line with income tax rates to 20% at the basic rate and 40% at the higher rate.

The post Office of Tax Simplification CGT review put on ice by the Treasury appeared first on Property118.

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