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REVEALED: 22 - The Real Truth

Jeremy Hunt vows to pay more capital gains tax on his properties

Chancellor refuses to disclose number of houses owned but says he will pay higher tax rate on proceeds from sales

The Guardian - UK

‘We all know how her show ends’: Jeremy Hunt’s worst budget day jokes

Labour’s Angela Rayner and Rachel Reeves were used as punchlines in the chancellor’s sometimes obscure jokes

The Guardian - UK

Why are Tories making an issue of Angela Rayner selling her council house?

Lord Ashcroft has raised questions, which Labour dismisses as ‘smears’, about whether Labour’s deputy leader was liable for capital gains tax

The Guardian - UK

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Types of Income the IRS Doesn't Tax

It might feel as if the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

Kiplinger

How Net Unrealized Appreciation Helps Save More of Your Retirement Savings

If you have employer stock in your 401(k), net unrealized appreciation is a strategy to minimize your taxes.

Kiplinger

How to Use Your Estate Plan to Save Tax Now: A Timely Update

Consider an upstream basis trust and a general power of appointment for an older family member to reduce capital gains taxes on highly appreciated assets.

Kiplinger

The Tory press can publish all the tax avoidance guides they like – the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

The Guardian - UK

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The Tory press can publish all the tax avoidance guides they like - the rich won’t flee a Labour government

The scare-mongering will come to nothing. Britain’s super-wealthy know that moving abroad would be bad for business, says Guardian columnist Polly Toynbee

The Guardian - UK

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

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

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

Bitcoin Taxes: Key Reminders to Stay IRS Compliant Amid Record High

Discover the top six things to keep in mind to stay out of IRS tax troubles as Bitcoin approaches its all-time high. Stay informed and avoid tax implications.

Top News

The awful truth at the heart of Australian housing policy

Negative gearing and the capital gains tax discount were either meant to improve affordability and failed – or their purpose was in fact the opposite

The Guardian - AU

Jeff Bezos could save $600m in taxes after moving to Florida

Windfall stems from $2bn stock sale as Bezos and Lauren Sanchez pick state that doesn’t levy taxes on income or capital gains

The Guardian - US

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The Guardian - UK

We’ve heard lots about what Labour won’t do, but here’s something they should: close the Tories’ tax loopholes

Rachel Reeves has ruled out a wealth tax, but she’ll need to raise revenue somehow – and there are still good options available, says Guardian columnist Polly Toynbee

The Guardian - UK

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%

Evening Standard

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

Kiplinger

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.

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Kiplinger

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

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

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

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.

Top News

Malaysia Exempts Capital Gains and Foreign Income Taxes

Discover Malaysia's favorable tax exemptions for unit trusts, including the exemption of capital gains tax and taxes on foreign-sourced income.

Salon

Call for billionaire tax as $8T untaxed

"The very richest households live lavishly off capital gains that may never be taxed," analysis says

The Guardian - UK

I plan to sell my rented-out property to buy a dream home. Will I have to pay capital gains tax?

I lived in the £330,000 house before moving in with my partner but may accept £310,000 for quick sale

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