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The Chancellor’s first Pre- Budget report that was released on October 9, 2007 has made the new flat rate of Capital Gains Tax. In April 2008, the new 18% rate has been be applied to all capital gains. This new property tax regime will be easy and simple to follow as the concern towards holding the business asset will no longer be undertaken.
The change in capital gains tax will be a remarkable improvement Continue reading…
Tags: capital gain tax, gain tax, inheritance tax, property investors, property tax
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