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Chancellor rules out major capital gains tax shake-up

Original: capital gains tax

UK Chancellor Rachel Reeves has ruled out the most drastic option for reforming capital gains tax, though alternatives remain on the table ahead of the Budget. Interactive Investor reports that investors are weighing which measures could still be introduced, including possible rate increases or changes to allowances, as speculation over tax rises continues to dominate financial headlines.

Why now: Budget speculation is driving intense interest in how the Chancellor might change capital gains tax.

Rachel ReevesHM TreasuryInteractive InvestorUnited Kingdom

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Evidence

• Chancellor rejects calls to raise capital gains tax in autumn budget · The Times
• Chancellor rules out CGT nuclear option: these are the alternatives · Interactive Investor

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