UK Chancellor Announces Capital Gains Tax Increase; Crypto Inclusion Unclear

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6 months ago bitnews

UK Chancellor Announces Capital Gains Tax Increase; Crypto Inclusion Unclear In a significant move during the Autumn Budget speech, U.K. Chancellor of the Exchequer Rachel Reeves announced an increase in capital gains tax (CGT) on most assets. The tax hike aims to generate an additional £2.5 billion for the U.K. government, raising the lower CGT