BUDGET 2010: No increase to CGT, confirms Darling
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Chancellor Alistair Darling has confirmed the Government will not be increasing the main rate of capital gains tax.
The investment industry were concerned the Government would hike the 18 per cent CGT rate to narrow the gap with the 50 per cent top rate of income tax.
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Readers' comments (1)
Richard Lockhart | 24 Mar 2010 3:55 pm
Simply a stay of Execution. The problem is
1) the election
2) He doesn't like to backtrack on his changes of 2008 so soon
Anyway - EIS remains a great each way bet particularly for the new 50% tax payers . I wonder if you can work out why. CGt is not in the equation
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