News Formal

Chancellor warned hiking capital gains tax on share sales will 'choke off investment' in Britain

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 19 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 90%

Dailymail Nachrichten

News,Rachel Reeves,New York Times

By increasing the tax on selling shares, Ms Reeves would boost government revenues by 'low billions' of pounds, a government source told The Times

Plans to hike capital gains tax on share sales will 'choke off investment' in Britain, Rachel Reeves has been warned.

CGT is levied on profits made when selling assets, with different rates applying depending on what type of asset it is. But Steven Fine, chief executive of investment bank Peel Hunt, said: 'If we really want a growth economy, we need risk-taking and investment.'I'd urge the Government not to take such a damaging step and choke off investment.'

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 7. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Chancellor Rachel Reeves promises to bring investment to Britain to boost living standardsRachel Reeves has said her ambition is for the UK to be 'the best place to start and grow a business' as she promised Labour will bring investment to Britain.
Herkunft: SkyNews - 🏆 35. / 67 Weiterlesen »

Chancellor Rachel Reeves considers raising alcohol duty in Budget - but drinks industry bosses say the move...Chancellor Rachel Reeves is considering increasing alcohol duties in next month's Budget.
Herkunft: LBCNews - 🏆 75. / 59 Weiterlesen »