Who gains with the tax changes?
13 September 2012
Alistair Darling's decision to scrap taper relief for capital gains tax has generally outraged business organisations and thrown small business owners into possibly taking short-term decisions which they might have postponed taking before the changes. Gin
The new simplified capital gains tax system announced last week by Chancellor Alistair Darling has been widely perceived as a short straw for the business community across the UK.The abolition of taper relief means that with a flat rate of 18%, business disposal costs will...