undermines enterprise

Capital Gains Tax move “Undermines Enterprise”

Small Business News – 11th October 2007 Hot on the heels of the Chancellor’s first Pre-Budget Report comes a response from the Confederation of British Industry (CBI). This morning (Thursday) CBI Director-General Richard Lambert sent an open letter to Alistair Darling, Chancellor of the Exchequor, expressing the business group’s deep concerns over changes to Capital Gains Ta/business-advice/finance-and-money/budget-2013-annual-tax-rates-and-allowances/capital-gains-tax.htmlx as announced in the PBR. The letter chiefly states that the change in Capital Gains Tax… "undermines the 10 year effort by this government to promote enterprise and risk-taking within the UK." Undersigned by a number of members of the CBI including Steve Sharratt, Chairman of the CBI&#... »