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Tech chiefs warn Chancellor not to undermine growth with tax hike

City A.M. Wednesday, 11 September 2024 ()
Tech chiefs warn Chancellor not to undermine growth with tax hikeA sweeping hike in capital gains tax (CGT) risks “undermining the chancellor’s growth agenda” and could suck talent and investment away from Britain’s start-ups, top fintech bosses have warned. Industry bodies and tech chiefs mounted a co-ordinated push to topple the suggestion of a blanket rise in CGT yesterday with a call for a carve-out [...]
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