The sharp rise reflects a wider trend of more people paying higher income tax, mainly due to the Government’s freeze on tax ...

Around one million pensioners are now paying income tax at the higher 40 per cent rate or above, according to data obtained ...

Unlike stocks, bonds, or real estate, artwork and collectibles are taxed at a higher long-term capital gains rate—28%—regardless of your income bracket. Add the 3.8% Net Investment Income Tax ...

The freeze on tax thresholds was first introduced by the Conservative government in 2021 and extended through to 2028 before the last General Election ...

(iStockphoto) I sold unlisted shares on 1 December 2023, with some long-term capital gains. I had deposited ... which is before 23 July 2024 (when the LTCG tax rate was changed), the long-term ...

According to figures from HM Revenue and Customs (HMRC), approximately one million pensioners are paying income tax at rates ...

Depending on your tax bracket, that could be up to 37%. On the other hand, if you held onto your investment for more than a year, you qualify for long-term capital gains rates, which are generally ...

and capital gains calls for treaty-driven structuring and precise documentation. “Non-residents benefit from concessional tax rates on dividend and interest under Indian law, but these are ...

You’ll determine your potentially taxable capital gains by deducting your tax basis from your home sales ... you’re typically getting the best rates and terms from lenders.

The DoF earlier sought to replace the CMEPA with the Government Revenues Optimization through Wealth Tax Harmonization bill. The draft bill proposes a temporary hike in the rates for capital gains on ...

New figures released by HM Revenue and Customs (HMRC) suggests that around one million pensioners are paying significantly ...

The number of people at state pension age or older who are paying the tax at 40% or above has doubled in four years, ...