The UK Office for Tax Simplification has issued the second report for its Capital Gains Tax review, which considers key practical, technical and administrative Capital Gains Tax issues. This includes a list of recommendations in relation to Capital Gains Tax for both individuals and businesses as follows:
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List of Recommendations
Awareness and Administration (Chapter 1)
1 HMRC should integrate the different ways of reporting and paying Capital Gains Tax into the Single Customer Acco…