Emergency Budget 2010: Capital gains tax changes
From midnight tonight (22 June) the rate of capital gains tax for higher rate taxpayers will increase from 18% to 28% but will remain at 18% for basic rate taxpayers. Better make sure those sale contracts are signed today.
Entrepreneurs relief has also been significantly extended from £2m to £5m for gains on or after 23 June.
Date: 22nd June, 2010
Articles from this Author
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
Mercer & Hole preserve the jobs of over 70 employees and 120 temporary staff bit.ly/2B7W9Mn
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole