Guy Abrahams quoted in the IFA Magazine on Capital Gains Tax
Private Client Partner, Guy Abrahams' comments were published in the IFA Magazine article entitled ‘Review of Capital Gains Tax’.
In the article Guy explains the two types of tax changes likely to made during a recession. The first is designed to boost the economy through an increase in the number of transactions - already in evidence in the reduction of VAT and stamp duty land tax. The second type is designed to raise revenue. With the government announcing a consultation on capital gains tax, it seems likely that changes are on their way.