The Latest Breaking News from capital gains

A changing housing market and unchanged IRS exclusion amounts can add up to a headache for many homeowners. Will Congress offer a fix?

If you're between the ages of 57 and 75, you might be thinking about retirement or already living a retirement life. You might even consider selling off some of your assets to add to your cash pot....

Rachel Reeves is reportedly considering ending the exemption from capital gains tax for more expensive homes.

It’s difficult to exaggerate the disruption and distortion that would take place in the lead up to any changes, half of London would be on the market

Taxes are one of the biggest expenses families face, but the wealthy have mastered strategies that help them keep more of their income. Financial advisors often point out that high-net-worth individuals don’t rely on luck—they use tools and planning to legally reduce what they owe. While not every tactic applies…

Digital advisors, also known as robo-advisors, have made investing easier and more accessible than ever. With low fees and automated portfolio management, they seem like the perfect solution for hands-off investors. But behind the convenience, digital advisors can sometimes trigger unexpected tax consequences. If you’re not paying attention, these surprises…

The Independent looks at Rachel Reeves’ options as she looks to fill the gaping hole in Britain’s public finances this autumn

After 29 hours, 327 contributions and one major blow-up, Jim Chalmers' economic roundtable has served up a slew of reform ideas and a few unanswered questions.

The chancellor is reportedly planning to levy capital gains on the sale of first properties