A major hike to Capital Gains Tax (CGT) has been confirmed today in the Autumn Budget. Labour Chancellor Rachel Reeves confirmed the changes in her speech in the House of Commons this afternoon.
Capital gains tax is levied on profits from assets ranging from shares to second homes, buy-to-let properties and personal possessions. The rates for stocks and shares gains were hiked in the Autumn ...
11:30, Thu, Mar 7, 2024 Updated: 11:30, Thu, Mar 7, 2024 Capital Gains Tax (CGT) is a vital part of taxation in the UK that impacts people who sell assets, such as property, stocks, or businesses at a ...