Healey to reject calls to raise capital gains tax in budget
Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the Treasury UK politics live – latest updates John Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabinet colleagues including Louise Haigh and Wes Streeting. The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasur
The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasury sources.
Continue reading...
Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.