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3 ore fa · “It was famously pro-growth Conservative chancellor Nigel Lawson who equalised capital gains tax with income tax rates in the first place.” One notable difference is that taxpayers were not ...
8 ore fa · Rachel Reeves urged to tax the rich by a group of 'patriotic millionaires’ The demands come as the Treasury warns that major tax hikes could spark an exodus of the wealthy from the UK.
8 ore fa · “It was famously pro-growth Conservative chancellor Nigel Lawson who equalised capital gains tax with income tax rates in the first place.” IPPR argued bringing the tax into line with income tax would raise £14 billion, but the Prime Minister has already ruled out such a move, saying reports were “pretty wide of the mark”.
8 ore fa · Pranesh Narayanan, the author of IPPR’s report, said: “The recent fearmongering from some that increasing capital gains tax will take the economy back to the Stone Ages is pure hyperbole. “It was famously pro-growth Conservative chancellor Nigel Lawson who equalised capital gains tax with income tax rates in the first place.”
8 ore fa · A group of millionaire business owners has called on Rachel Reeves to raise £14 billion by increasing capital gains tax (CGT) in the upcoming budget, claiming it would not negatively affect investment in Britain. With Chancellor Jeremy Hunt set to deliver the budget on October 30, these wealthy investors argue that the government could secure ...
8 ore fa · The report recommended equalising CGT rates with income tax rates – representing the reinstatement of the system introduced by the Conservative chancellor Nigel Lawson in the 1988 budget. This would entail a rate of 20% for basic rate income tax payers, 40% for the higher rate, and 45% for the additional rate.
8 ore fa · Raising capital gains tax would not stop entrepreneurs investing in the UK, a think tank has said as speculation about the Government’s first Budget continues.Increasing capital […]
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