Will CGT drive asset disposals ahead of April 2024?
15 April 2023
Disposal of business, property and land could increase as the government slashes the capital gains tax allowance, warns wealth management firm Evelyn Partners. The CGT allowance has been halved from £12,300 to £6,000 and will be cut further to £3,000 in the 2024/25 tax year. Evelyn Partners said the changes have led to growing speculation that...