CGT reform now faces major short term revenue challenges, Dan Neidle writes

CGT reform now faces major short term revenue challenges, Dan Neidle writes
CGT reform now faces major hurdles

Dan Neidle noted that while debates continue about the theory of aligning capital gains tax (CGT) rates, developments over the past two years have effectively closed the door on meaningful CGT reform. He explained that implementing such changes would lead to a significant short term revenue hit.

Neidle has previously highlighted tax issues in high-profile cases. He assessed that the Tories' inheritance tax policy would result in a £400,000 IHT increase for homeowners downsizing from £2 million to £1 million properties in an earlier analysis. In a separate case, he claimed Manchester City likely failed to pay $12 million in tax after breaching Premier League rules, as reported here.

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