CGT rate changing??

H

hikicker

Registered User
Messages
98
Hi all, we've recently seen this rate increase from 20% up to 33% over the last 6 years or so. With the economy making a bit of a turnaround is there any sign (or mention from the government) that this could be reduced in 2016??

Would be interested in peoples thoughts
 
It was 40% once. When they reduced it to 20% the government got in more money as people decided to cash in assets they were holding and pay the 20%. But government is not about common sense so don't bank on them changing it. If it happens then good.
 
I think it will reduce and that there will be an inheritance tax threshold increase. It's vote buying time.
 
You must log in or register to reply here.
Back
Top