Chancellor delays Capital Gains Tax decision until New Year

The current CGT regime means that basic rate taxpayers who have held shares in their employer for at least 2 years are only subject to a 5% CGT charge. The Chancellor’s Pre-Budget Report outlined changes that would mean that these employee shareholders would have to pay an additional 13% tax on any gain above £9,200 from April 2008.

ifs ProShare, an organisation that seeks to promote the benefits of employee share ownership, argued that this would mean employees who have contributed to the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: