The Sun newspaper has called it a "£500m stealth tax on 10 million savers."
In this video, Technical Connection joint managing director Tony Wickenden continues his analysis of the removal of indexation relief for corporate capital gains.
He explains the implications for life policy taxation, and why this is a small but important change advisers need to be aware of. He adds this will need to be factored in when choosing between UK life funds, offshore life funds or unwrapped investments on behalf of clients.
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