Threat of higher UK CGT could hasten disposal of businesses, property and land  

Speculation is rife that non-tax wrapper investments should be realised for gains amid the halving of the UK's exempt allowance on 6 April from £12,300 to £6,000, and the subsequent halving again to £3,000 for the 2024/25 tax year.  Latest HMRC data shows that in the 11 months up to and including February 2023, CGT generated receipts of £17.42bn, which was 22% more than in the same period of the previous year.   Jodie Barwick-Bell, partner in the private client tax advisory team at professional services and wealth management firm Evelyn Partners, argues that the halving of allowances ...