
The UK's HMRC today published data from the capital gains tax that showed an increase of 9% growth in gains by trusts over the past year. Kim Jarvis, technical manager at Canada Life said this could signal a realignment of CGT with income tax by the chancellor. "Today's release shows that Capital Gains Tax (CGT) continues to be a reliable source of income for the government with the amount payable on gains made by Trusts increasing by 9% on the previous year." This brings the total up t...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes