Brokers told to speed up possible sales ahead of CGT reform deadline
Brokers considering selling up after April 2008 could be hard hit by the new capital gains tax (CGT)...
Brokers considering selling up after April 2008 could be hard hit by the new capital gains tax (CGT) reform in Chancellor Alistair Darling's first Pre-budget Report.
The reform has come as a surprise to many in the industry, with the legislation setting out a new single rate of charge to CGT at 18%.
Several changes will also be enacted for disposals made on, or after, 6 April 2008, including the withdrawal of taper relief and indexation allowance and a simplification of the share identification
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 info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker