More than a third, 35%, of wealthy people have sold investments or will do before the Budget due to worries about a capital gains tax rise, according to a new survey.
Extra tax collected by HMRC from capital gains tax investigations jumped 46% in the last year to £266m, up from £182m the year before.
Potential changes to Capital Gains Tax (CGT) under an Andy Burnham Government could see families hit by a double tax bill on inherited property, according to a new report.
Half (53%) of financial advisers have seen clients move abroad in the past 12 months, a new report shows.
Former Health Secretary and contender for the Labour Party leadership Wes Streeting MP has proposed radical reforms to Capital Gains tax (CGT).
The majority of financial advisers say tax planning has grown in importance over the past 12 months, according to a new survey.
The OBR’s Economic and Fiscal Estimates publication shows that capital gains tax (CGT) is now estimated to raise an additional £6.1bn between 2025-26 and the end of the decade.
Capital gains tax receipts for January to June 2025 were £11.77bn, a 12.9% drop year-on-year, according to the latest data from HMRC.
Thresholds affecting higher rate taxpayers have fallen significantly behind wage inflation and are costing people thousands of pounds, according to new stats.
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