An increase in capital gains tax will be at the heart of a package of reforms agreed by the new coalition government led by prime minister David Cameron.

The CGT paid on ‘non business’ assets such as shares and second homes, currently a flat 18% rate, is likely to rise close to the 40% rate of income tax. http://www.daniellatto.co.uk/news/property-investment-news-capital-gains-tax-to-rise-under-coalition-government.html