Healey Rejects Calls to Equalise Capital Gains and Income Tax Rates
UKPulse Money Desk
Chancellor Rachel Healey has rejected proposals to align capital gains tax rates with income tax rates, a move that had garnered support from senior Labour figures.
- Chancellor Rachel Healey has rejected calls to equalise capital gains and income tax rates.
- The proposal had been backed by senior Labour figures.
- The prospect of equalisation had caused nervousness among entrepreneurs and investors.
Chancellor Rachel Healey has dismissed proposals to bring capital gains tax rates in line with income tax rates. This decision follows a period where the idea had been supported by senior figures within the Labour party.
The potential equalisation of these tax rates had reportedly led to nervousness among entrepreneurs and investors in the UK.