Latest studies point out potential hikes in Capital Positive factors Tax (CGT), which might considerably hit UK landlords. The Labour Get together has advised elevating CGT charges to align with revenue tax charges, which might imply a bounce from 18%-24% to as excessive as 40% for increased earners. For landlords, this modification might severely erode … Read more
What caught my eye this week. Recent weeks have seen us debate whether or not it is best to promote forward of – what’s nonetheless solely rumoured – capital good points tax rises. However as St. Charlie preferred to remind us: invert, at all times invert! To wit: tax-motivated sellers may create alternatives for bargain-hunting … Read more
A query from a reader about ‘mattress and breakfasting’ – and she or he’s not speaking about English muffins versus the continental choices: Expensive Monevator, I’ve an previous investing e-book/bible that tells me I needs to be mattress & breakfasting my shares to scale back taxes. Is that this potential within the period of Airbnb? … Read more