Autumn Budget 24: Labour raises CGT lower and higher rates

CGT on residential property unchanged Chancellor Rachel Reeves has raised the lower rate of capital gains tax (CGT) from 10% to 18%, and the higher rate of CGT from 20% to 24%. The rises introduced by the chancellor are up from 10% and 20% for the lower and higher rates, respectively. In her Autumn Budget today (30 October), Reeves said …

Retirement ProfessionalsAutumn Budget 24: Labour raises CGT lower and higher rates

The UK’s new Prime Minister – Theresa May

Theresa May, the UK’s new Prime Minister vows to be ‘one nation’ Government that works for all not just the “privileged few”. Speaking outside 10 Downing Street for the first time as Prime Minister and after being appointed by the Queen, she said it would be her mission to “build a better Britain”. She promised to give people who were …

Retirement ProfessionalsThe UK’s new Prime Minister – Theresa May