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Evening Standard
Evening Standard
World
Nicholas Cecil

Capital gains tax will not hit 39%, says Treasury minister - but he won’t rule out rise in October Budget

Budget capital gains James Murray National Insurance Insurance Rachel Reeves

A Treasury minister rebutted claims that capital gains tax could hit 39 per cent but did not rule out a rise in the Budget.

James Murray stressed that a possible jump to 39 per cent was something that he “completely didn’t recognise”.

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