Dan Neidle: CGT rate equalisation with indexation allowance benefits long-term investors

Dan Neidle: CGT rate equalisation with indexation allowance benefits long-term investors
CGT equalisation tax cut for investors

Dan Neidle explains that equalizing the capital gains tax (CGT) rate and introducing an indexation allowance constitutes a tax cut for individuals investing capital at risk for more than four years, under current inflation rates.

He suggests that these measures primarily benefit those making long-term investments.

Neidle previously observed that UK tax rates are at their highest point since 1945, noting a record number of separate taxes in place at present, according to a recent report. In a separate analysis, he also highlighted possible classification errors within the SNP's financial management of fixed assets, such as rental cars, in their balance sheet.

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