Further to the Office of Tax Simplification (OTS) first report on Capital Gains Tax (CGT), today we see the second one. There are some interesting recommendations around private residence relief, divorce and separation, and for business and investor issues.
But the question on everyone's lips is, are the rates going up?
Bill Dodwell, OTS Tax Director said: Together these two reports make up the most comprehensive review ever conducted of the tax and the practical experience of those who report or pay it.