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
Siblings or dating? Instagram account gains more than 122,000 followers desperate to guess whether couples are blood-relations or lookalike lovers (and the results will surprise you) Hilarious account asks Instagram users to guess whether couples are related Siblings or dating? page has gained 200k followers with tricky question Fans are asked to guess if pairs … 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: 00:25 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