Capital Gains Tax Changes
Posted on May 17, 2008 - Filed Under Finance | Leave a Comment
Delivered on 9th October 2007, the UK property taxation world got a stir from Darling Chancellor’s first Pre-Budget Report.
Our new Darling Chancellor’s first Pre-Budget Report, delivered on 9th October 2007, caused quite a stir in the UK property taxation world.
The biggest news was undoubtedly the shock announcement of a new single flat rate of Capital Gains Tax. The new rate of 18% is to apply to all capital gains arising on or after 6th April 2008.