Office of Tax Simplification to review CGT
The Chancellor has asked the Office of Tax Simplification (OTS) to undertake a review of capital gains tax (CGT) and aspects of the taxation of chargeable gains, in relation to individuals and smaller businesses. In his letter commissioning the review,…
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Inheritance Tax, Crucial Reliefs & Covid 19
Many thousands of people in the UK have lost their lives during the Covid-19 pandemic and about 5% of those deaths will probably result in an inheritance tax charge. Inheritance tax is charged on the estate of a…
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