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Page last updated at 08:30 GMT, Thursday, 27 May 2010 09:30 UK

Tory bankbenchers 'revolt over CGT'

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The former shadow home secretary, David Davis, has criticised a rise in capital gains tax proposed by David Cameron's government.

There's been speculation that the tax on profits from some asset sales -- such as shares and second homes -- could go up from 18 per cent to 40 per cent.

David Davis, the Conservative bankbencher outlines what this will mean.


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