November 14, 2024

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Capital Gains Tax

Understanding Capital Gains Tax Changes: Implications and Planning Opportunities

Recent hikes in Capital Gains Tax (CGT) have captured the attention of business owners and investors alike. With the Chancellor’s announcement during the Autumn Budget, the CGT rate for basic rate taxpayers has risen from 10% to 18%, while higher rate taxpayers will see an increase from 20% to 24%. These changes took effect immediately

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