The middle-class capital gains raid: Heat on Rishi Sunak over tax watchdog’s plan for a £90bn hit on property owners, savers and investors Middle-class savers and entrepreneurs face being hammered by a tax raid Office of Tax Simplification (OTS) recommended increasing CGT rates Experts warned investors and entrepreneurs to be on ‘high alert’ By James … Read more
Simon Cowell ‘is gaining weight and taking a break from his vegan diet to help recover from his back surgery following electric bike accident’ By Rianne Addo For Mailonline Published: 13:00 GMT, 25 October 2020 | Updated: 13:00 GMT, 25 October 2020 Simon Cowell has reportedly gained weight and taken a break from his vegan … Read more
TALK OF THE TOWN: A good hair day for Geldof! Sir Bob’s daughter Pixie, 30, moans she has ‘really crap hair’ – but gains seal of approval from fashion Royalty By Alistair Foster, Joanna Bell And Sophie Cockerham For The Mail On Sunday Published: 00:09 BST, 4 October 2020 | Updated: 00:19 BST, 4 October … Read more
Range Rover has added a new £57,000 electrified plug-in hybrid option to its refreshed and upgraded Velar 4X4 line up. The aerodynamically-shaped mid-size luxury SUV, which sits between the Range Rover Evoque and Range Rover Sport, is gaining a new additional P400e model variant combining a 2.0-litre four-cylinder petrol engine with a 105kW electric motor. … Read more
Helen Jones is partner in private client tax services at accountants and business advisors BDO Helen Jones is partner in private client tax services at accountants and business advisors BDO. Last week, Chancellor Rishi Sunak wrote to the Office of Tax Simplification to commission a review of Capital Gains Tax. This has resulted in … Read more
Capital gains tax on your home? Left-leaning think tank calls for homeowners to be taxed on house price rises to pay for coronavirus Social Market Foundation proposes 10% ‘property capital gains tax’ Left-wing think-tank calls for levy on all homes sold or inherited The tax would mostly affect middle-aged and older people, who own most … Read more
Capital gains tax on your home? Think tank calls for homeowners to be taxed on house price rises to pay for coronavirus Proposals of 10% ‘property capital gains tax’ on all homes sold or inherited The tax would mostly affect older people, who own most of Britain’s property The current capital gains tax relief on … Read more
It was inevitable that sooner rather than later Chancellor of the Exchequer Rishi Sunak would put the nation on red alert that taxes will have to rise to pay for the £190billion of support the Government has given the economy to steer it through lockdown and beyond. The alert came just a few days ago, … Read more
Will the Government tinker with capital gains tax to help pay the coronavirus bill? The This is Money podcast By This Is Money Published: 14:49 BST, 17 July 2020 | Updated: 14:49 BST, 17 July 2020 The Chancellor has ordered an urgent capital gains tax review which could hit many homeowners and investors, depending on … Read more
Rishi Sunak orders review of capital gains tax after it emerges Chancellor is facing a £322billion budget deficit this year Review will examine rules charging up to 28 per cent residential property gains It will also look at whether allowances and reliefs could be simplified or scrapped Sunak is interested in ‘how gains are taxed compared … Read more