| The Government had previously announced that the Capital Gains Tax (CGT) annual exemption for 2012/13 would increase in line with the Consumer Price Index.
In today’s Autumn Statement the Chancellor reneged on this and instead announced that the CGT annual exemption for 2012/13 would remain at the 2011/12 rate of £10,600. The Chancellor said the freezing of the annual exemption will fund the introduction of the Seed Enterprise Investment Scheme.
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