The Latest Breaking News from capital gains

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 · Feb 20, 2024

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 - UK · Feb 16, 2024

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’

The Guardian - AU · Feb 15, 2024

Rishi Sunak paid effective tax rate of 23% on £2.2m income last year

Low capital gains rate and US location of funds mean tax bill of £508,000 much less than under top income rate of 45%

The Guardian - UK · Feb 9, 2024

Rishi Sunak made £1.8m in capital gains and paid £508,000 in tax, documents show

The Prime Minister published a summary of his tax affairs on a Friday afternoon while Parliament was in recess

Evening Standard · Feb 9, 2024

Four Reasons to Tap Opportunity Zones Before They Expire

As a provision in the Tax Cuts and Jobs Act, opportunity zones could sunset at the end of 2026, but there’s still time to maximize major tax benefits.

Kiplinger · Feb 7, 2024

Non-Qualified Annuities: Should Retirees Think Twice?

A twist many don’t see coming is that earnings from non-qualified annuities are taxed as ordinary income rather than at more favorable capital gains tax rates.

Kiplinger · Jan 29, 2024

How Tax Diversification Can Increase Your Retirement Income

Just as you allocate your invested assets, you can also diversify with taxable, tax-free and tax-deferred accounts.

Kiplinger · Jan 21, 2024

Seven Tips These Experts Recommend if You Fear Capital Gains Taxes

Don’t let the fear of taxes prevent you from becoming an investor.

Kiplinger · Jan 18, 2024

1031 Exchanges: A Matter of Life and Death?

It pays to take the long view — sometimes the very, very long view — in examining 1031 exchanges.

Kiplinger · Jan 16, 2024