Wednesday 17 October 2007

CGT or not to CGT that is the question!!

I suppose the personal investor needs an accountant or an independent financial adviser to work out the British form of torture Capital Gains Tax or CGT. There
is a great temptation to ignore it altogether since it is so complicated.

I have looked at the HMRC website
and I am really none the wiser.

For business assets UK Chancellor Alistair Darling is proposing an 80 percent increase in the levy and even three judges in the BBC show "Dragons Den"
are joining the protest.

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