0 tax on the profits made from selling something you own --
1 tax on the profits made from selling property or investments: --
That is one answer, a capital gains tax.
It is perfectly logical to introduce a capital gains tax with no period at all or, at any rate, a very long one.
That is one reason why we were working steadily towards the abolition of inheritance tax and capital gains tax.
It said that a tax loophole would be closed to prevent wealthy individuals from bringing their trusts onshore to avoid capital gains tax.
I take the example of the proposed reforms to capital gains tax.
It is becoming apparent in the technical press that the changes to capital gains tax have not been universally welcomed.
On top of that, we have a new system of capital gains tax.
Proper consultation is not simply a question of inviting people to write in with their views on capital gains tax.
