Chancellor Rachel Reeves confirms Capital Gains tax will increase, with the lower rate rising from 10% to 18%, and the higher rate from 20% to 24%.
She insists this will still be the lowest rate for any European G7 country and, while maintaining the lifetime limit on the Business Asset Disposal Relief, will raise £2.5 billion. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
