Britain’s wealthiest taxpayers could be in for a multi-billion-pound tax raid after the Government’s tax gurus recommended a major overhaul of capital gains tax. In July, the Office of Tax Simplification was tasked by Chancellor Rishi Sunak to look at whether the levy on asset sales was ‘fit for purpose’ and how it could be simplified. This … Read more
Rishi Sunak was warned against inflicting ‘economic self-harm’ today after the tax watchdog suggested middle-class savers and entrepreneurs should face a multi-billion-pound tax raid. The Treasury’s independent tax watchdog has recommended a major overhaul of the capital gains tax (CGT) regime on the sale of assets, which could triple the number of people hit by … Read more
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
Taylor Swift fans have gone wild after the singer hid ‘Easter Eggs’ themed around her Folklore album in her new Capital One commercial. Folklore became the ultimate COVID-19 quarantine soundtrack, following its highly successful release in July. And although the singer-songwriter, 30, appears in the advert for a mere 11-second, Swift cleverly paid homage to her eighth studio … Read more
I’m A Celebrity star Shane Richie’s company reportedly has £4,000 in capital. According to reports, the 56-year-old EastEnders icon’s only business BlueBelle Skye Productions has banked £4,165 in 2019 – equivalent to £11 a day. The actor, who recently admitted he’s been left skint due to the coronavirus pandemic, is best known for starring as Alfie … Read more
Florence unmasked: Beat the crowds and unearth little-known treasures in Italy’s cultural capital Jane Keightley travelled to Florence with two of her girlfriends to explore the city’s lesser-known sights They visited the English Cemetery – the resting place of Elizabeth Barrett Browning and other notable expats Another highlight was a trip to the National Museum … Read more
London’s second wave of coronavirus had already started to slow down before the national lockdown forced workers to stay at home and high street shops to pull down the shutters, official data suggests. More than half of the capital’s 32 boroughs — including the three hotspots of Ealing, Hammersmith and Fulham, and Kingston upon Thames … Read more
Controversial lender Greensill Capital is scrambling to find a new auditor as it gears up to float on the stock market. The specialist finance company, which was founded by Australian Lex Greensill and counts former prime minister David Cameron as an adviser, had previously enrolled the little-known Saffery Champness to vet its finances. But after … Read more
Capital Xtra host Will Njobvu departs Global Studios alongside Love Island’s Yewande Biala after filming the moment he was ‘racially abused’ at a Tube station By Sean O’grady and James Gant For Mailonline Published: 21:00 GMT, 27 October 2020 | Updated: 21:01 GMT, 27 October 2020 He recently recorded the shocking moment he was ‘racially … Read more
Far right protestors have clashed with police in Rome in what is the second night of demonstrations against coronavirus restrictions in Italy. Violence once again erupted as huge crowds of activists descended on the city this evening, with footage showing flares being thrown and fireworks being let off as police armed with riot shields tried … Read more