Capital Gains
Tax Planning and Financial

Rigsby_370
Rigsby_370
57 Thanks
1,504 Posts
14 years ago
0
At first it sounds good but like GB's schemes there is usually a hidden cost. It sounds as if we will lose historic indexing as well as taper relief. If you are below top rate tax and have owned the place for ten years your tax rate will go up from 13% to 18% so some people will pay more. Bigger gainers will pay less than before.

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £75 you can join in the discussion and get access to member's only resources and services join now.