Download the new Independent Premium appWhile the top rate of income tax is 45 per cent and 40 per cent for people earning more than £50,000, the average CGT paid on the sale of assets is only around 15 per cent.
Nothing on offshoring or Trust Funds, used to evade Death Duties then - what a surprise. DGT impacts new entrepreneurs, not old money. As always, UK Government aims all its benefits at its core supporter base. In this case, it's avoiding attacking itself.
Ever get the feeling Rishi joined the Conservative party by mistake?
Looks to remind them of their duties to the Conservative Party.
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