Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential implications for his policies of the report by CAGE entitled Who would be affected by Capital Gains Tax reform, published in February 2024.

Substantial reforms to CGT rates and allowances would involve a number of wider policy trade-offs and so careful thought must be given to the impact that they would have on taxpayers, as well as any additional administrative burden on HMRC.

The Government will continue to keep the tax system under review.