Rachel Reeves refuses to rule out capital gains tax rise
Source: BBC
Chancellor Rachel Reeves has refused to rule out whether she will increase the rate of capital gains tax in her autumn Budget.The levy is charged on profits made from the sale of an asset that has increased in value, such as second homes or shares not held in individual savings accounts (ISAs).During a visit to the US, Ms Reeves said it was important to "strike the right balance" when deciding on tax policies.The…
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