Plan to tax gilts attacked

Wednesday 28 June 1995 23:02 BST

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Plan to tax gilts attacked

The AITC, the trade body for investment trust companies, yesterday claimed that planned Inland Reveue moves to tax gilts would impose a double penalty on savers by taxing them both on their income and on the capital gains. The AITC will submit its own proposals to the Inland Revenue on 30 June.

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Plan to tax gilts attacked

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