What made the news on 5 April 1999

Five years ago

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Too complex CGT regime Investors in regular savings schemes into unit trusts, Oeics and investment ...

Too complex CGT regime Investors in regular savings schemes into unit trusts, Oeics and investment trusts were facing an increasingly complex tax assessment regime following changes to the system by the Inland Revenue. It was introducing taper relief on CGT calculations but decided to combine the new system and the previous one, which allowed regular savers to calculate their contributions as one lump sum, for working out the potential CGT liabilities of regular savers. Hendersons weighs up options for Botham"s European vehicles Henderson Investors was looking to wind up its European In...

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