Capital Gains Tax: an outrageous list of advice

In a shocking list of advice being given out about capital gains tax, MPs were told:

“Don’t forget to claim expenses”

“Become a butterfly and flit between homes”

“Exploit personal allowances and minimise rates” and more.

The advice urges people to make use of “a range of little-known tax breaks” and quotes a tax advisor saying, “It is possible to reduce a tax bill of a few hundred thousand pounds to virtually zero”.

Oh wait. Hang on. That’s a list of advice that was written for the public and not just MPs, wasn’t it? And the list was written by the Daily Telegraph. Ooops.

Hat-tip: Allan Knox

Read more by or more about .
This entry was posted in News.
Advert

7 Comments

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarPhilip Knowles 23rd Aug - 10:51am
    Yes Article 50 can be revoked but even Theresa May will find that U-turn difficult to make without a real justification. What needs to happen...
  • User AvatarRichard Underhill 23rd Aug - 10:12am
    The Liberal Democrats could consider supporting a move in the Welsh Assembly for representatives to job-share. Caroline Lucas job-shares the leadership of the Green Party,...
  • User Avatarexpats 23rd Aug - 10:04am
    Yes! She was right to resign...Not because of what she said but because she felt that having said what needed to be said the backlash,...
  • User AvatarJohn Probert 23rd Aug - 10:01am
    The EU is a common trading area, which implies freedom of movement for both people and goods in order to make it a level playing...
  • User AvatarRichard Underhill 23rd Aug - 9:58am
    https://simple.wikipedia.org/wiki/Treaty_of_Rawalpindi which was before the Atlee government accepted that India should be independent. We are currently seeing reviews of the effects of partition, massive loss...
  • User AvatarAndrew McCaig 23rd Aug - 9:49am
    It is an amazing commentary on the Trump regime that renewed military involvement in Afghanistan is seen as somehow sensible!