Chancellor rules out major Capital Gains Tax hike
The Negotiator
Chancellor John Healey is not expected to implement a substantial rise in Capital Gains Tax, contrary to suggestions from some within the Government. This decision aims to provide stability for property investors and the wider market.
The PropAtlas take
Property professionals should note the current administration's stance on Capital Gains Tax, offering some certainty for investment decisions. This avoids a potential disruption to market sentiment and asset disposal strategies that a significant tax increase could trigger.