In Tax Hacks, our columnist Mike Warburton – previously a tax director with accountants Grant Thornton – brings you his best tax-saving tips
The Government is playing down speculation about the review of capital gains tax requested by the Chancellor from the Office of Tax Simplification (OTS). Despite this, many investors remain concerned that he will take the opportunity to tighten up the rules to raise much-needed cash, possibly as soon as this autumn.
The OTS have now published their scoping document which is wider than I had anticipated.
In my last column I looked at capital gains on property.