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For right or wrong, the British tax code has long recognized that those putting their own capital at risk do not necessarily have the same safety nets of typica
by petercooper 11y ago
For right or wrong, the British tax code has long recognized that those putting their own capital at risk do not necessarily have the same safety nets of typical employees and taxes their rewards at a lower rate. This is why both dividend taxes and capital gains taxes are lower than income taxes, and also why Entrepreneur Relief exists.