The Chancellor is reportedly considering hiking capital gains tax (CGT) in next week’s Budget, as part of plans to find £40 billion in spending cuts and tax rises CGT is widely accepted to be a damaging tax – hampering investment and economic growth and raising relatively little Recent modelling by the Centre for Policy Studies... View Article The post Capital Losses: Why increasing CGT will deter investment, slow growth and reduce revenue appeared first on The Centre for Policy Studies.
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