OpinionJun 6 2023

'Can HMRC cope with rise in CGT receipts?'

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'Can HMRC cope with rise in CGT receipts?'
CGT receipts are likely to continue rising in the wake of the reduction of the annual exemption. (kenishirotie/Envato Elements)
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The latest tax figures released by HMRC have revealed that capital gains tax receipts continue to grow, rising by 96 per cent over the past five years – growth that is three times higher than the increase in inheritance tax receipts over the same period.

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