Healey to reject calls to raise capital gains tax in budget
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Budget category. Published on October 20, 2026 • Originally reported by Jessica Elgot Deputy political editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Budget category. Published on October 20, 2026 • Originally reported by Jessica Elgot Deputy political editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Cabinet colleagues have previously called for an increase but chancellor feels it might ultimately cost the Treasury
John Healey will not raise capital gains tax in next week’s budget, despite previous calls to do so from cabinet colleagues including Louise Haigh and Wes Streeting.
The chancellor has decided that any increase might ultimately cost the Treasury if wealthy individuals defer the sale of assets or move them out of the country, according to Treasury sources.
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