Simon Mitchell
Despite much speculation that the Chancellor would announce changes to Capital Gains Tax (CGT) in his most recent Budget, Rishi Sunak has kept rates the same for now. He also announced that the annual exempt amount for CGT will be frozen at its present level until 2026. This is currently £12,300 for individuals and estates, and £6,150 for trustees of most settlements.
However, rumours are already swirling that an i...