At the moment, buyers of homes worth less than £250,000 don’t pay stamp duty. This was doubled from £125,000 under Liz Truss’s mini-Budget in September 2022. The threshold is £425,000 for those buying their first property. This was raised from £300,000 as part of the mini-Budget. These higher thresholds will end in March 2025, when…
Before July’s general election, Labour pledged to toughen existing Tory plans to abolish non-dom tax status. In March 2024, the-then Conservative chancellor Jeremy Hunt had announced that the non-dom tax regime would be phased out. Under Mr Hunt’s plans, people who moved to the UK from April 2025 would not have to pay tax on…
By Mike Sheen Updated: 15:02 GMT, 30 October 2024 Big day: Chancellor Rachel Reeves is due to deliver her Budget Chancellor Rachel Reeves today finally delivered her highly anticipated tax-and-spend Autumn Budget. She was tasked herself with closing a claimed ‘£22billion black hole’ in the UK’s public finances, fixing public services and reviving economic growth….
Canada’s plan to hit NATO’s defence spending target remains unclear and the current forecast for increasing military spending is based on “erroneous” economic projections, according to the federal fiscal watchdog. The report from the parliamentary budget officer (PBO), Yves Giroux, on Wednesday comes just a week before the U.S. election, the outcome of which could…
Real estate agents aren’t the only professionals making money in real estate. There are other ways to make real estate income, such as with monies from rental properties or by providing property management. Which type of real estate venture will work best for you and more importantly should you invest in real estate? Types of…
I was approached by a pair of founders at an event the other day. They are struggling to grow their business. I started with my usual first question, “Who is your customer?” This may seem basic, but success in the basics spells success everywhere else. The founders had theories and ideas but didn’t actually know…
Getty Images A Budget packed with announcements ranging from tax and spending to pay and pensions has been announced by Chancellor Rachel Reeves. Much of what she said could affect you and your finances directly, so here’s what it means for you. If you’re on low pay, your wages should rise Minimum wages, paid by…
Gov. Tim Walz on the final week of the election – CBS News Watch CBS News Gov. Tim Walz, the Democratic vice presidential nominee, joins “CBS Mornings” to discuss the final week of the election, Biden’s response to rhetoric at Trump’s rally and the importance of unity in Vice President Harris’s closing message. Be the…
KUALA LUMPUR: Sapura Resources Bhd’s managing director (MD) Datuk Shahriman Shamsuddin has resigned from his post effective yesterday. In a filing to Bursa Malaysia, the company said Shahriman also tendered his resignation as director of the company as well from his directorships of the following subsidiaries — SRB One Sdn Bhd,Aero Handlers Sdn Bhd, Aerodome…
WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Wednesday’s report from the Commerce Department said the gross domestic product – the economy’s total output of goods and services – did slow slightly from its 3% growth…
