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The Latest Breaking News from capital gains

OPINION - The Standard View: Angela Rayner walks a tricky tightrope over tax row

It is the local election issue Labour would rather not talk about. The party’s deputy leader, Angela Rayner, is now facing a police investigation into multiple allegations relating to electoral law and capital gains tax, following the sale of her former council house nearly a decade ago. Rayner denies any…

Evening Standard

Canada’s Trudeau government asks rich to pay more in pitch to Gen Z

Budget proposes higher capital gains taxes and billions in spending on education, housing, jobs and mental health.

Al Jazeera

‘We won’t let this derail us’: Angela Rayner to continue campaigning despite police inquiry

Supporters dismiss investigation into allegations of breaching electoral law and avoiding capital gains tax as a ‘storm in a teacup’

The Guardian - UK

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Revocable Trusts: The Most Common Trusts in Estate Planning

Revocable trusts allow the trust maker complete control over the assets and can be quite efficient when it comes to capital gains and income taxes.

Kiplinger

Tory plans to abolish non-dom status riddled with loopholes, Labour says

Analysis suggests wealthiest would save millions and Sunak’s own family could benefit to tune of £250m

The Guardian - UK

How Quitclaim Deeds Can Cause Estate Planning Catastrophes

A lot can go wrong (including inadvertent law-breaking) if you choose to go the easy route rather than using a trust to transfer real estate to your child.

Kiplinger

Voters open-minded on investor tax break reform

One in five voters want negative gearing and the capital gains tax discount to stay the same, while three in five are open to reforming the tax settings.

AAP

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Opportunity Zone Investing Still Hot Despite Looming Sunset

Tax incentives and rise of niche fund strategies make the qualified opportunity zone program an attractive way to grow tax-free wealth.

Kiplinger

How Tax-Loss Harvesting Helps to Lower Your Tax Bill

This fairly straightforward tax strategy may help you reduce your capital gains taxes, but beware of triggering the wash sale rule.

Kiplinger

Navigating Tax Implications Of Digital Currency: Key Considerations

Learn about the tax implications of digital currencies like Bitcoin and Ethereum, including capital gains, taxable events, and compliance with IRS reportin...

Top News

How To Avoid Capital Gains Taxes

A few small changes in your investing strategy can result in big tax advantages.

Kiplinger

Jeremy Hunt vows to pay more capital gains tax on his properties

Chancellor refuses to disclose number of houses owned but says he will pay higher tax rate on proceeds from sales

The Guardian - UK

‘We all know how her show ends’: Jeremy Hunt’s worst budget day jokes

Labour’s Angela Rayner and Rachel Reeves were used as punchlines in the chancellor’s sometimes obscure jokes

The Guardian - UK

Why are Tories making an issue of Angela Rayner selling her council house?

Lord Ashcroft has raised questions, which Labour dismisses as ‘smears’, about whether Labour’s deputy leader was liable for capital gains tax

The Guardian - UK

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Kiplinger

Types of Income the IRS Doesn't Tax: What to Know for 2025

It may feel like the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

Kiplinger

How Net Unrealized Appreciation Helps Save More of Your Retirement Savings

If you have employer stock in your 401(k), net unrealized appreciation is a strategy to minimize your taxes.

Kiplinger

How to Use Your Estate Plan to Save Tax Now: A Timely Update

Consider an upstream basis trust and a general power of appointment for an older family member to reduce capital gains taxes on highly appreciated assets.

The Guardian - UK

The Tory press can publish all the tax avoidance guides they like - the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

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news in one place.

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The Guardian - UK

The Tory press can publish all the tax avoidance guides they like – the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

The Guardian - UK

Notting Hill residents’ capital gains exceed people of ‘three cities combined’

Study shows people in London district made more in 2015-19 than combined populations of Liverpool, Manchester and Newcastle

The Guardian - UK

Keir Starmer paid £99,400 in UK tax on £404,000 income, Labour reveals

Details about leader’s finances for 2022-23 come after Rishi Sunak revealed he paid more than £508,000 of tax on £2.2m plus

The Guardian - AU

Greens’ plan to axe tax concessions would see house prices fall, Max Chandler-Mather says

The party’s housing spokesperson says that while ‘big decreases’ are not desirable because of threat of negative equity, they see a 2.5% cut as ‘not much’

Top News

Bitcoin Taxes: Key Reminders to Stay IRS Compliant Amid Record High

Discover the top six things to keep in mind to stay out of IRS tax troubles as Bitcoin approaches its all-time high. Stay informed and avoid tax implications.

The Guardian - AU

The awful truth at the heart of Australian housing policy

Negative gearing and the capital gains tax discount were either meant to improve affordability and failed – or their purpose was in fact the opposite

The Guardian - US

Jeff Bezos could save $600m in taxes after moving to Florida

Windfall stems from $2bn stock sale as Bezos and Lauren Sanchez pick state that doesn’t levy taxes on income or capital gains

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