CGT and IHT changes suggested by the OTS
Posted: December 1st, 2021, 2:57 pm
The FT reports that the Treasury has rejected the changes to IHT and CGT proposed by the Office for Tax Simplification (a misnomer if ever there was one!).
https://www.ft.com/content/43a7c941-e74 ... 611be77291
They suggest this is not a permanent rejection but means nothing will change this side of the next election.
Lucy Frazer, financial secretary to the Treasury wrote that these reforms would involve a number of wider policy trade-offs and affect the additional administrative burden on HMRC
https://www.ft.com/content/43a7c941-e74 ... 611be77291
They suggest this is not a permanent rejection but means nothing will change this side of the next election.
Lucy Frazer, financial secretary to the Treasury wrote that these reforms would involve a number of wider policy trade-offs and affect the additional administrative burden on HMRC