Treasury Counts Cost of Cgt Fiasco

Summary


THE Treasury's bungling over capital gains tax looks set to push its budget for business support tens of millions of pounds into the red, Financial Mail has learned.

During the months of indecision over the proposed tax rise, Ministers talked to business organisations about a package of sweeteners to compensate for the neardoubling of CGT rates from ten per cent to 18 per cent. The planned change had triggered furious protests.

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Treasury Counts Cost of Cgt Fiasco

Last week, Chancellor Alistair Darli...

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