Capital gains tax to rise under coalition government

Perhaps this won't happen straight away at least according to the Independent today:

http://www.independent.co.uk/news/u...se-angers-hardline-conservatives-1975070.html

The Liberal Democrats hope the CGT shake-up will be included in the first Budget. But George Osborne, the Chancellor, thinks more work is needed and has asked for more options to be drawn up.

The Treasury said: "There are a range of possible options on CGT to fulfil this aim and no decision has yet been taken on one option. It will be important to take the time to get this right."
 
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