The UK’s Capital Gains Tax bill has hit £10.1 billion, up more than fourfold from just £2.5 billion a decade earlier as taxpayers rush to sell assets ahead of feared increases to CGT, according to financial advisers, Salisbury House Wealth (SHW).

Despite this increase, the Office for Tax Simplification recently recommended that the Chancellor increase CGT rates in line with rates of Income Tax, as well as making inherited assets su...