The Chancellor could target Capital Gains Tax in his upcoming Budget, experts have warned. Rishi Sunak has been charged with restoring Britain's finances amid COVID-19, and mitigating the cost of the pandemic. Tax changes have been feared as a way to raise funds, but Capital Gains Tax (CGT) is one levy which has garnered significant attention. Healthy Investment, a mutually owned provider of savings and investments, believes CGT could be high up on Mr Sunak's list in the Budget. “Capital Gains Tax is generally seen as a tax on moving money around, rather than on production or consumption, so it could be a soft target,” said Peter Green, chief executive.
Read more: Daily Express
Visit our website here for more news and product information, or click the button below to submit a short enquiry form for your finance needs.
