The UK’s Capital Gains Tax (CGT) bill has broken the £15 billion barrier for the first time ever, with £15.3 billion collected in the year to 31 October 2022, up 27 percent from £12 billion in the previous 12 months, private equity investment firm Growthdeck has revealed.
According to Ian Zant-Boer, chief executive of Growthdeck, the dramatic increase in CGT bills in the UK has been partly driven by an increase in taxes imposed on the sale of businesses by succe...
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