By Chris Dorrell Capital gains tax is “ripe for reform”, a leading think tank has said, as Chancellor Rachel Reeves considers possible revenue raisers ahead of October’s Budget. With a range of potential tax rises on the table, the Resolution Foundation has joined a chorus of voices arguing that the levy needs to be reformed. In a report published today, the think tank argued that rates of capital gains tax (CGT) are “unjustifiably lower” compared to other forms of income. Currently, the rate of capital gains sits at 20 per cent on all chargeable assets other than residential property, where t…