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The Latest Breaking News from capital gains

High court dismisses former army lawyer David McBride’s application for case to be heard – as it happened

This blog is now closed

The Guardian - AU

Here’s How Stock Losses Can Boost Your Tax Refund

You can use capital losses to offset gains, reduce taxable income and boost refunds. Learn smart tax strategies like harvesting and carrying forward losses.

GOBankingRates

The taxes Rachel Reeves could raise at the Budget tomorrow

There are many options on the table as the chancellor looks to raise considerable sums

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Five Ways to Cash In On the $6,000 'Senior Bonus' Deduction

Taxpayers age 65 and older might be able to benefit from a $6,000 'senior bonus' deduction in the next four tax years. Here are five ways to make it pay.

Kiplinger

More Seniors Are Selling Their Homes and Renting in Retirement – Should You?

Image Source: Pixabay. Photograph indicative of seniors celebrating the decision to rent rather than own. A major part of the American Dream has been homeownership....

Saving Advice

Your boomer parents are probably living in a house too big for them. They're frozen in place because of taxes, top economists say

Nearly 6 million older Americans reside in houses far larger than necessary, while growing families are crammed into spaces that are too small.

Fortune

The October 15 Tax Deadline Is Coming: A Tax Attorney Highlights What You Need to Know

If you filed an extension in April, time is running out to get your taxes wrapped up for last year. Here's what you need to know for filing your 2024 taxes and preparing for tax year 2025.

Kiplinger

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Retirees Face a Growing Capital Gains Tax Trap: What's Next?

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

Kiplinger

4 Things Boomers Should Never Sell in Retirement

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....

GOBankingRates

What to know about 17 statewide propositions on Texans’ ballots Tuesday

A majority of the proposed constitutional amendments address tax cuts for homeowners and businesses.

The Texas Tribune

I'm 55 With 10 Years Until Retirement and I've Made $2 Million on Nvidia Stock. What Do I Do With It Now?

What do you do with all that appreciated Nvidia stock? We asked a financial expert for advice.

Kiplinger

Four Clever and Tax-Efficient Ways to Ditch Concentrated Stock Holdings, From a Financial Planner

Holding too much of one company's stock can put your financial future at risk. Here are four ways you can strategically unwind such positions without triggering a massive tax bill.

Kiplinger

Reeves names last possible date for Budget as she eyes tax hikes to plug £40bn black hole

Sources tell The Independent the chancellor favours raising capital gains tax and introducing a gambling levy

The Independent UK

Tories will challenge Government to rule out property tax hikes

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

Evening Standard

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news in one place.

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Evening Standard

Phil Spencer: rumoured reforms to stamp duty and capital gains tax would be catastrophic for London

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

The Free Financial Advisor

8 Insider Tricks Advisors Say the Wealthy Use to Pay Less Tax

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…

The Free Financial Advisor

7 Ways Digital Advisors Trigger Unexpected Tax Consequences

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 UK

Which tax rises could fill the £50bn black hole in Britain’s balance sheet?

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

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news in one place.

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AAP

'Holy grail': treasurer hails quick wins as summit ends

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 Independent UK

Reeves’s ‘mansion tax’ makes ‘no sense’ and could lose Treasury money, former IFS chief warns

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

The Independent UK

Rachel Reeves considers ‘mansion tax’ to fill Treasury black hole

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

Evening Standard

Treasury minister fails to rule out hitting homeowners with capital gains tax

Chancellor Rachel Reeves is reportedly considering ending capital gains tax relief for people selling high-value homes

The Independent UK

Homeowners could be hit with new tax as Chancellor aims to fill ‘£41 billion shortfall’

Rachel Reeves could end capital gains tax relief for people selling high-value homes

The Guardian - UK

How Rachel Reeves can raise money and also make the tax system fairer

Letters: Most people support a wealth tax on £10m fortunes and want to equalise capital gains and income tax, writes Caitlin Boswell. Plus, letters by Christopher Bowser and Alan Fairs

International Business Times

The Strategic Choice for Lifestyle and Profit: Why Savvy Global Investors Are Turning to the UAE Property Market

For individuals relocating from Europe or North America, where property taxes and capital gains can erode wealth over time, the UAE offers a refreshing change.

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Marjorie Taylor Greene

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