10 tricks to avoid Jeremy Hunt’s Capital Gains Tax raid

A source close to Mr Hunt has confirmed a capital gains tax raid is under consideration, although no-one will know for sure until the autumn budget on November 17.According to reports, the new chancellor is also looking at an increase in dividend taxes and slashing the £2,000 tax-free dividend allowance.CGT is usually charged on property when it is sold on but it can also be applied to other assets.HMRC confirmed record amounts of capital gains and tax were recorded in the 2020 to 2021 tax year as more and more people were caught out.READ MORE: British Gas, Eon and EDF customers could get £100 off energy bills