Increasing the Tax Take
Increasing the Tax Take
As expected, the government is flying a kite to see how much public opposition there is.
They usually get their allies to hint at a large increase so that when they implement a slightly smaller one, people think "that's not too bad."
If opposition from their core of older voters is too great, they drop the idea and say it was never their intention.
The idea this time is to increase Capital Gains Tax rates to bring them into line with income tax, and to reduce the CGT nil band.
I suppose...
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by JohnD
This has been automatically posted in the DIYNot Forum on DIY Talk. The new DIY Forum
Increasing the Tax Take
As expected, the government is flying a kite to see how much public opposition there is.
They usually get their allies to hint at a large increase so that when they implement a slightly smaller one, people think "that's not too bad."
If opposition from their core of older voters is too great, they drop the idea and say it was never their intention.
The idea this time is to increase Capital Gains Tax rates to bring them into line with income tax, and to reduce the CGT nil band.
I suppose...
Read more
by JohnD
This has been automatically posted in the DIYNot Forum on DIY Talk. The new DIY Forum