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Effective rate of Capital Gains tax reduced to 4½% tax for Non - Domiciled Residents

There has been much debate since the Pre Budget Report about the proposed changes to the capital gains tax rules and the taxation of Non –Domiciled UK residents. The chancellor is meeting with business leaders today when he will be asked to scrap his proposals.

 

 

Date: 22nd October, 2007
Author: Liz Cuthbertson

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