Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,480.89
    -987.95 (-1.92%)
     

  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     

UK tax raising report is a regular independent review, Sunak says

Reuters
·1-min read
Britain's Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London

LONDON (Reuters) - British finance minister Rishi Sunak said on Thursday a government report recommending a hike in capital gains tax to pay for the pandemic was part of a regular, independent review of taxes.

"The Office of Tax Simplification is independent from me, and as a matter of statue they review most major taxes on an annual basis," Sunak told broadcasters.

"They've looked at income tax and inheritance tax in the past and this is just the latest in their line of reviews and I look forward to reading the report."

(Reporting by Guy Faulconbridge and Kate Holton)