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Scrap Capital Gains Tax

Submitted on Tuesday 29th October 2013

Published on Thursday 31st October 2013

Current status: Closed

Closed: Friday 31st October 2014

Signatures: 6

Tagged with

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Petition Action

Scrap Capital Gains Tax

Additional Information

Now that it has been proved that raising CGT rates actually costs the Government tax revenue isn't it time to scrap this tax entirely. This would encourage risk and enterprise and, as far as the residential lettings market is concerned, enable landlords to sell property without the impact of massive tax levels thereby releasing much needed housing stock onto the market.


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