Monthly Archive: December 2021

Will Homes Ever Become Subject to Capital Taxes?

A new report wants the government to consider capital gains tax on profits made from appreciating house values for all properties, not just additional ones. The report says existing home-owners, and particularly those who bought in the late 1990s and…
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The Chancellor Responds to OTS’s Reports on IHT & CGT

    The government has accepted five recommendations from the Office for Tax Simplification on issues relating to capital gains tax in a bid to “provide some practical simplifications for taxpayers”. In its official response to the OTS reports into the…
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