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Page last updated at 08:06 GMT, Saturday, 29 May 2010 09:06 UK

CGT 'needs proper consultation'

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Prime Minister David Cameron has called for calm over the coalition government's plans to raise non-business capital gains tax.

The reforms, instigated by the Liberal Democrats, and due to be set out in next month's budget and have caused alarm on the Tory backbenches.

Tax policy director at the Chartered Institute of Taxation, John Whiting, analyses the proposed CGT changes and who will suffer most from the tax rises.


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