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Chancellor Rejects Calls to Raise Capital Gains Tax in Budget

The Chancellor is instead expected to rely on a higher bank profits levy to help fund cost-of-living support, according to reports.

Summary by The Independent
The Chancellor has faced a barrage of voices urging him to raise the tax, which applies to the profit made from selling off assets.

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Evening StandardEvening Standard
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Healey rejects calls to raise capital gains tax at the Budget

The Chancellor has faced a barrage of voices urging him to raise the tax, which applies to the profit made from selling off assets.

·London, United Kingdom
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The Telegraph broke the news in London, United Kingdom on Monday, October 19, 2026.
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