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Podcast: Beyond Currency
Episode: 12 November 2020 - Doubling of Capital Gains Tax being promoted
Description: "In the past, faced with either cutting services or increasing taxes, a Conservative Government would have chosen cuts. However, in order to comply with Boris Johnson’s pledge to increase Government investment in infrastructure, the NHS, and local Government, Sunak is planning to take a most unconservative path and raise taxes.
To go against the grain even further, it is Capital Gains Tax that is first in his sights. This is the tax that applies to the profit made on the purchase and sale of an asset and is something that applies far more often to Conservative than Labour voters.
A...