News
Future Capital Gains Tax Receipts: Elizabeth Bradley Quoted in GB News
Aug 31, 2026Summary
Elizabeth Bradley cautioned that the record haul may prove fleeting.
She said: "Today's meteoric rise in CGT liabilities offers the Chancellor some short-term relief, but it may be a sugar hit caused by forestalling."
"These bumper liabilities could be borrowing from future years, leaving a hole in the medium-term fiscal plan."
"Some taxpayers could accelerate disposals ahead of the forthcoming Autumn Statement from the new Chancellor, while others may simply defer gains for years, a pattern seen repeatedly after past CGT reforms."
"Either way, today's rise may not translate into stronger receipts for the rest of this Parliament."
Read the full article: Treasury Rakes in 'meteoric' £24billion From Capital Gains Tax as John Healey Preps Budget
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