Why Kamala Harris’ approach to capital gains tax is causing so much controversy
A major criticism of Kamala Harris in the business community since she became the Democratic nominee has been her endorsement of the Biden administration’s plans to overhaul the taxation of the wealth of the richest Americans. But these plans –…
Private equity nervousness calms down, Labour sets cap on tax raid
Labour plans to raise taxes on the carried interest of private equity fund managers (Image: Shadow Chancellor Rachel Reeves) A Labour government would allow private equity dealers to tax their profits at a lower rate when their own money is…
Labour wants to close tax loophole for thousands of private equity investors
Shadow Chancellor Rachel Reeves (Photo by Christopher Furlong/Getty Images) If the Labour Party wins the general election, it wants to close a legal loophole that allows thousands of private equity investors to avoid income tax. As the Sunday Times reported,…
Audit oversight raises the bar, tax duel and other news from Canadian accounting
Subscribe to our weekly newsletter and receive all the stories of the week. Click here to register. TORONTO, August 18, 2024 – Last week, the Public Company Accounting Oversight Board in the United States released inspection reports for all accounting…
If I had invested £20,000 in a Stocks and Shares ISA 10 years ago, I would have this much now
Image source: Getty Images Each year, UK investors can invest up to £20,000 in a Stocks and Shares ISA without paying capital gains or dividend tax, making it one of the most effective wealth-building tools in the country. But how…
