. The majority of readers oppose any increase in CGT, as some argue that the tax does not recognise the inflationary element, while others suggest the Government should reintroduce indexation relief if it raises CGT rates. Reader Comments Capital Gains Tax As corporation tax is heading much higher – to 25 per cent – readers overwhelmingly disagree with a rise in the tax arguing that it is 'counterproductive' as it will squander the country's competitive advantage, hammer small-and medium sized enterprises and disincentivise businesses from investing. Corporation Tax Reader Comments If one tax has to rise, which should it be? Meanwhile, Jeremy Hunt is set to announce a new tax raid on inheritance – a tax about which readers feel very passionately. Readers – many of whom drew from personal experience – believe the){kind=link}
Telegraph readers debate the tax changes Chancellor Jeremy Hunt should make in his Autumn Statement
Chancellor Jeremy Hunt is reportedly looking to implement £25bn worth of tax rises to help plug a £50bn fiscal blackhole.
Ahead of the much anticipated Autumn Statement on Thursday, we asked Telegraph readers which taxes they think could be raised and which should be left well alone.
Inheritance tax, income tax, corporation tax and capital gains tax are among our readers’s most commonly discussed taxes – with the overwhelming sentiment being that they should not be touched at all, and in doing so, risks a return to anti-growth Britain.
Here’s what readers had to say: