PTA and CGT

…..for those if you who have – or are going to get – a Personal Tax Account be VERY CAREFUL and AVOID the Capital Gains Tax add-on for voluntary “Real time reporting”.

This add-on has NO legal standing, it makes you pay Capital Gains Tax earlier than necessary and causes utter confusion with the Self Assessment Tax Return system.

I could continue listing many more things wrong with this barking mad idea but, hey, that’s put simple enough.

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