UK surprises taxpayers with TP rules instead of CGT hike on ‘Tax Day’

Danish Mehboob

March 24 2021

UK surprises taxpayers with TP rules instead of CGT hike on ‘Tax Day’

HM Treasury unveiled more than 30 updates to UK tax policy on March 23, which Chancellor Rishi Sunak dubbed ‘Tax Day’. The proposals include important TP changes, but no highly-anticipated capital gains tax (CGT) hike.

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Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

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