Firms Fear Budget Increases in Capital Gains Tax

The HeraldJune 18, 2010

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Summary


NEARLY half of UK businesses are concerned about the prospect of capital gains tax rising in next week's budget - with the bulk of those worried that the government will struggle to distinguish business from non-business assets.

The British Chambers of Commerce (BCC) asked more than 1000 members for their opinions on potential tax changes ahead of Tuesday's emergency Budget.

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Firms Fear Budget Increases in Capital Gains Tax

Asked about corporation tax, 90% of companies said...

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