Autumn budget 2024, Capital gains tax, Rachel Reeves, Money, UK news, Tax and spending, Tax, Politics, Thinktanks Business | The Guardian
Group of wealthy investors argue it would have no impact on investment in the UK and would raise vital funds for public servicesRachel Reeves has been urged by a group of millionaire business owners to raise £14bn from an increase in capital gains tax at this month’s budget, arguing it would have no impact on investment in Britain.Ahead of the chancellor’s set-piece event on 30 October, the group of wealthy investors said increasing the tax rate on asset disposals would help to raise vital funds for public services and would not lead to slower economic growth. Continue reading…
Group of wealthy investors argue it would have no impact on investment in the UK and would raise vital funds for public services
Rachel Reeves has been urged by a group of millionaire business owners to raise £14bn from an increase in capital gains tax at this month’s budget, arguing it would have no impact on investment in Britain.
Ahead of the chancellor’s set-piece event on 30 October, the group of wealthy investors said increasing the tax rate on asset disposals would help to raise vital funds for public services and would not lead to slower economic growth.
