Potential CGT rate change in upcoming budget?

[jjjjjjjjjj]

There is talk in the news of a potential rate rise in the upcoming October budget to bring the rate in line with income tax.

Lets assume this is correct for one moment... Does anyone with experience of how similar changes have been introduced in the past care to speculate on how the changes would be rolled out this time? Would they be effective immediately? Effective from April next year? Tapered over a few years?

I have a large capital gain that will likely materialise at the end of the year and I am unable to impact the timeline.

[wamstax]

Quite possible that there could be two rates in the same tax year depending on the date of disposal

Recall one such tax rate change that ensured the rate rise was effective immediately. Time will tell

[bd6759]

In 2010 the rate changed from a flat 18% to a fluid 18% / 28% depending on the total income + gains. The change had immediate effect when announced on 23 June 2010. Gains before that date were charged at the old flat rate.