Capital Gains Tax and Investment Income

 


The Chartered Institute of Taxation (CIOT) have made a Budget representation on Capital Gains Tax.

If the government chooses to raise taxes as a response to the coronavirus pandemic, it should go for a one-off wealth tax, says a commission of experts.

The Chartered Institute of Taxation has welcomed a report by the Office of Tax Simplification (OTS)1 - written at the Chancellor’s request and published today - that highlights flaws with capital gains tax.

The Chartered Institute of Taxation (CIOT) comments on the OTS Capital Gains Tax review - tranche two.

HMRC’s Wealthy External Forum have issued a briefing to forum members regarding a ‘One to Many letter’ in relation to errors in the declaration of residential property disposals for CGT in 2018/19 SA returns.

The Chartered Institute of Taxation (CIOT) respond to the Treasury Committee inquiry Tax after coronavirus.

Normal politics were on hold at the online Conservative Party Conference, with shortened speeches and curtailed policy debate. The Chancellor committed himself to putting the “overwhelming might of the British state” at the service of struggling businesses and workers, but said that the books would need to be balanced eventually. On the fringe, and in media interviews and reports, there are clues as to which taxes are likely to rise. 

A write-up of the CIOT/Institute for Fiscal Studies event, held on Thursday 17 September 2020.

 

The Chartered Institute of Taxation (CIOT) sent a letter to the OTS regarding the call for evidence on the CGT Simplification Review (Stage 1).

A live blog of the fourth public bill committee sitting of Finance Bill 2020 (also known as Finance Bill 2019-21), which took place on Tuesday 9 June 2020 from 2pm. Clauses passed covered increases in the rate of the Research and Development Expenditure Credit (RDEC), and of Structures and Buildings Allowances; changes to the tax treatment of some intangible fixed assets; the Enterprise Investment Scheme (EIS) and 'top slicing relief'.