The Budget 2024 eliminated the indexation benefit for LTCG calculations on assets such as property, gold, and unlisted assets ...
Taxpayers should remember that tax-saving exemptions on capital gains are available on long-term capital gains (LTCG) only.
HMRC reminds taxpayers, "Self Assessment is a system HM Revenue and Customs (HMRC) uses to collect Income Tax. Tax is usually ...
The new residential property must be acquired within two years from the date of sale of the under-construction property.
Like Washington state, Nevada has also long had one of the nation’s most regressive tax structures. As President Trump takes ...
Countries such as Portugal, Malaysia, and Switzerland have emerged as leading crypto tax havens, offering various tax ...
Capital gains tax is levied on the profit earned from the sale of assets such as stocks, mutual funds, and property.
Labour must resist calls from within its ranks for a ‘wealth tax’ or it will prompt even more millionaires to leave the ...
As a starting point for your calculations, you must work out the difference between what you paid for the assets and what you ...
There are several tax deductions for homeowners, from interest paid on your mortgage to specific home improvements. Find out ...
Taxes are a part of life for everyone. But when it comes to running a business, investing in real estate, or managing ...
The capital gains tax exclusion for primary residences hasn’t changed since 1997. The dramatic gains in home values mean this ...