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Capital Gains Tax Revenues Rise Because People Sold Off Assets Before Rate Hikes
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Guido Fawkes
Capital Gains Tax Revenues Rise Because People Sold Off Assets Before Rate Hikes
New figures from HMRC show that higher Capital Gains Tax revenues have come from investors selling their assets prior to an increase in rates by Rachel Reeves. Who would’ve thought? In an explanatory document HMRC said “speculation” around CGT prior to the 2024 budget drove disposals. Funnily enough a cut in the CGT rate drove…
27 Aug, 11:40