Capital gains tax: how it works, benefits and pitfalls of another hike
Increasing the rate of CGT is one of the tax levers available to chancellor as he considers revenue-raising options Capital gains tax (CGT) has been widely cited as a possible revenue-raiser as the chancellor, John Healey, prepares to deliver a tough budget next month. How does it work, and what are the pros and cons of raising it further? Continue reading...
By Heather StewartZimbabwe
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Increasing the rate of CGT is one of the tax levers available to chancellor as he considers revenue-raising options
Capital gains tax (CGT) has been widely cited as a possible revenue-raiser as the chancellor, John Healey, prepares to deliver a tough budget next month. How does it work, and what are the pros and cons of raising it further?
Continue reading...
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About this article
- Length
- 61 words · 1 min read
- Published
- September 25, 2026
- Byline
- Heather Stewart
- Source
- The Guardian