Legal
Families could face £120,000 tax bill on inherited property under mooted CGT reforms
Analysis by Rathbones, one of the UK’s leading wealth and asset management groups, suggests families could be hit by a double tax blow on inherited wealth. Aligning CGT rates with income tax rates could add nearly £10,000 to the tax bill on a £50,000 gain for additional-rate taxpayers. As speculation…
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