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
A man has become the 11th London murder victim in 17 days after dying from a serious head injury. The Metropolitan Police today arrested a 36-year-old man on suspicion of murder after the killing in Ealing at 6pm yesterday. It follows a string of fatal stabbings in the capital as blood continues to be split … 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
Another two men were stabbed in London last night as violence explodes in the capital with the total number of murders in the past two weeks now up to 10. The City of London Police said the stabbings took place at Broadgate Circle in London’s main financial district at about 11pm. Their injuries are not life-threatening … 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
CAPITAL GEARING TRUST: Focusing on long-term growth and preserving cash rather than providing an income By Daily Mail City & Finance Reporter Published: 21:51 BST, 10 July 2020 | Updated: 21:51 BST, 10 July 2020 WHAT IS IT? It aims to grow investors’ money over the long term, rather than providing an income, and particularly … Read more
At least nineteen people were killed and six injured on Tuesday in an explosion at a medical clinic in the north of the Iranian capital Tehran, Fars news agency reported, quoting a state official. The blast was triggered by a gas leak, Tehran Deputy Governor Hamid Reza Goudarzi told state television. It was initially reported … Read more
American private equity group Bain Capital plans to scrap Virgin Australia’s high-end comforts and half of its fleet while saving around 6,000 jobs. Virgin Australia entered administration in April owing nearly $7 billion to creditors. On Friday, American company Bain Capital agreed with Virgin Australia Holdings Ltd to buy Australia’s second-biggest airline for an undisclosed … Read more