Capital Gains Tax Statistics 2020-2021
Capital Gains Tax collected in 2020-2021 reached a record high of £14.3 bn at a time when many would have predicted a more negative outlook.
Capital Gains Tax collected in 2020-2021 reached a record high of £14.3 bn at a time when many would have predicted a more negative outlook.
Our tax team take a look at the latest Capital Gains Tax (CGT) figures published by HMRC and consider what the future holds for the tax.
In part 7 of our Tax Planning Guide series, Cassandra Graham, Senior Tax Manager at Bates Weston urges us to keep a watchful eye on trading status, as the tax implications are significant.