Prime London property bounces back after election despite tax uncertainty Property Buyers have returned to prime London properties after the election despite uncertainty around the government’s position on tax changes, new data shows. Sales in July were at their highest on a year-to-date monthly basis, although the average price of a property fell by five per cent on an annual basis, LonRes has found. The number [...]
‘Strike the right balance’: Rachel Reeves doesn’t rule out capital gains tax hike Politics Rachel Reeves has refused to rule out a hike to capital gains tax, insisting it was vital to “strike the right balance” when it came to fiscal policy.
City warns over punishing impact of capital gains tax raid Politics City bosses have sounded the alarm on a hike in capital gains tax (CGT) today as Rachel Reeves rolls the turf for a sweeping round of tax raids at her first budget in October.
Hiking capital gains tax would harm small businesses June 24, 2024 A blanket increase in CGT rates would not only affect gains on publicly quoted stocks or investments in second homes, it could also impact investors who have taken much more significant risks with their capital to back small, growing companies to achieve their potential, says Claire Madden It’s looking inevitable that Labour will win the [...]
Private equity bosses have avoided paying income tax on a trillion dollars of gains June 13, 2024 “All the governments are talking about taxing carried interests. So my role is to provide the best estimate of the number,” Phalippou told the Financial Times.
Election 2024: Three things to watch out for in Labour’s manifesto June 13, 2024 Here are three things to watch out for in Labour’s manifesto that might shape the campaign to come.
Labour worked hard to woo business, but now comes the real test June 13, 2024 The Tory party manifesto, undeliverable and shaky though it was on the numbers, did have something going for it. The gradual abolition of national insurance to be replaced with a single income tax; more housebuilding; cutting the time it takes to get spades in the ground on major infrastructure projects. If you take it at [...]
‘It would be the death of entrepreneurship’: City alarm over Labour capital gains hike June 12, 2024 A move to hike capital gains tax could spell the “death of the entrepreneurship” in the UK, a top City figure has warned, after the Labour party failed to firmly rule out the move this week.
Election 2024: Lib Dems would seek to rejoin EU single market June 10, 2024 The Liberal Democrats would seek to rejoin the EU’s single market, they revealed at their manifesto launch today.
Reeves being lobbied to hike capital gains tax by Labour party June 6, 2024 Rachel Reeves is facing pressure from members of her own shadow cabinet to raise capital gains tax in her first autumn budget should Labour be elected on July 4.