Healthy demand for income funds
Sunak needs to consider spending cuts
2020 CGT revenue reached record £9.9bn
'feels like the starting pistol for a tax grab'
Where is the better outcome?
Investors who switch from bundled to clean share classes will not have to pay capital gains tax as a result of transferring, new rules introduced by HM Revenue & Customs (HMRC) clarified today.
Chancellor George Osborne has announced in the Budget that the government will give capital gains tax (CGT) relief on sales of businesses to their employees.
For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.