Sat, 29 May 2010 | BUSINESS NEWS
The proposed hike in Capital Gains Tax will encourage businesses to take on more debt, according to experts. Philip Booth, a director at the Institute of Economic Affairs, said: “The doubling of Capital Gains Tax would be a huge mistake for Britain.”
Booth added that it would penalize companies financing themselves through equity as opposed to debt. As such, it would amount to a “double tax” on the holders of shares.
A statement from the private equity industry’s trade body, the BVCA, said: “we are actively engaging with ministers to urge them not to make hasty decisions in this complicated area”.
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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