BDA welcomes change of heart on capital gains tax

February 2008
British Dental Journal;2/9/2008, Vol. 204 Issue 3, p116
Academic Journal
The article reports on the decision of the government of Great Britain to impose a ten percent rate on all capital gains of up to one million British pounds, according to the Chancellor of the Exchequer Alistair Darling on January 25, 2008. The pre-Budget report proposals have both disadvantages and advantages for general dental practitioners, who have invested in their practices. The rate proposals threaten to act as a disincentive to potential practitioners.


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