The Office of Tax Simplification Proposals Regarding CGT: Business Issues
The first part of this blog (posted 16 November) focussed on those elements of the proposals pertaining to the private client sphere. I now turn to those which could impact on the business and entrepreneurial spheres. Taxing Share Sales…
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The Office of Tax Simplification Proposals Regarding CGT: Private Client Issues
Rather surprisingly, the Office of Tax Simplification (OTS) has rushed out its initial report on capital gains tax (CGT). The report was issued only two days after the closing date for submissions and despite the fact that the Government has…
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The Future of Capital Gains Tax
On 14 July the chancellor wrote a letter to the Office of Tax Simplification requesting it “undertake a review of capital gains tax”. Interestingly, there was no announcement of the letter on the Treasury website. The tone of the correspondence…
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