Five capital gains tax changes you need to know about
- On December 16, 2021
- By GrowthInvest Marketing
At least five changes are coming to the capital gains tax system, a letter from the Treasury has revealed.
The government’s plans were outlined in its response to the Office of Tax Simplification (OTS), following several reports it submitted over the last couple of years which outlined its recommendations for how inheritance tax and capital gains tax (CGT) could be made simpler.
While the government is not planning to make any of the suggested changes to inheritance tax, it has already started implementing changes for CGT. But what do they mean for your tax bill?
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