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ABI criticises personal accounts’ decision

The ABI says the delay to implementing personal accounts will create a dangerous incentive for firms to level down and the Government is risking damaging long-term pension saving for the sake of short-term gain for the Exchequer.



‘No CGT change is just delaying the inevitable’

Skandia head of tax and financial planning Colin Jelley says the Government’s decision not to raise capital gains tax is just “delaying the inevitable”. CGT currently stands at 18 per cent and was paid by 269,000 people in 2007/2008. Industry experts expected the Chancellor to align CGT more closely with income tax which is 50 […]


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