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The magazine is heavily focused on our Better Business section, which supports advisers in the run-up to RDR and beyond, and Investment.
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Comments
A Tax Too Far
The spectre of raising CGT back 40% or even higher must be the best "two step shuffle" since the equally devious reduction in PEP/TESSA/ISA allowances a few years ago. Indexation of gains, R.I.P. Here's a solution, get rid of 25% of all MP's, change the DB pensions of all Govt and LA employees to a DC scheme like the rest of us mere mortals and abolish the £64k loss of office payments for MP's.
Posted by: Anonymous
Wild Guess
The truth is that Mark of L&G and presumably their PR department to show what a bunch of on the ball blokes are engaging in wild guess at what will be in the budget..(as they did in pre budget report and were wrong). The truth is that few know, and even if they do know at this stage track record of government & civil servants at budget time is that the budget box gets change with hours to go. Last CGT change and IHT change Darling & co didn't even bother to tell his own tax offices and made them look daft. For what it's worth I think they could well hammer CGT, but since only 200,000 people a year pay and I understand it close to £1 for every £1 collected apart from politik it won't raise the money. Tempting to attack the CGT allowance, RIP 'closing the savings gap' which is what got us into this mess.
Posted by: PI1010