Quote Originally Posted by fungus pudding View Post
There is no difference between tax treatment of trading houses and shares and other assetts already. In spite of all the largely ignorant commentary, they are all treated the same.
Correct, but marginal income tax rate on profits is likely to be a lot more than any CGT - Labour's previous very messy policy was 15% CGT.

Can't see any proposed CGT being in the 28%-33% range, so traders will be very very happy.

Labour's CGT proved electoral poison at 15% ....