Quote:
Originally Posted by MarkP
If Im correct the current allowance is circa 9k. Is this changing? What is the current rate of tax on CGT. Basically I have some investments maturing at the end of the year, so I guess I should take the loan note option and cash in after april 08?
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The allowance is not going up dramatically. If you are going to use loan notes (that is to book the sale before April, but collect the the cash later) make sure that an accountant sets up this scheme. This is not a DIY option.