Capital Gains Tax: an outrageous list of advice

In a shocking list of advice being given out about capital gains tax, MPs were told:

“Don’t forget to claim expenses”

“Become a butterfly and flit between homes”

“Exploit personal allowances and minimise rates” and more.

The advice urges people to make use of “a range of little-known tax breaks” and quotes a tax advisor saying, “It is possible to reduce a tax bill of a few hundred thousand pounds to virtually zero”.

Oh wait. Hang on. That’s a list of advice that was written for the public and not just MPs, wasn’t it? And the list was written by the Daily Telegraph. The same Daily Telegraph which wrote this about Danny Alexander. Ooops.

Hat-tip: Allan Knox