The UK’s Capital Gains Tax (CGT) receipts jumped 20 percent from £10.8 billion to a record high of £12.9 billion in the past year, national accountancy group UHY Hacker Young, has found.
The firm said that the value of capital gains in the UK has leapt in the last 12 months, driven by three major factors:
- The cut to Entrepreneurs Relief – the lifetime limit for Entrepreneurs Relief (now Business Asset Disposal Relief) h...
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