What a relief!
13 September 2012
Tax column
AT’s resident tax expert ponders the subject of Capital Gains Tax planning and, in particular, of making business asset taper relief work for you once the rules change next April.
By the time you read this, we will know the date of the Pre-Budget Report and may have some idea of what the Finance Bill 2004 will say. It will also have been confirmed that the principle private residence rule exempting main residences from Capital Gains Tax (CGT) is not being removed, or not yet! However, let us concentrate now on two CGT changes that were...