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Don't Let Capital Gains Eat Your Inheritance -- Here's What to Do Now
08 Jun 2025 17:45 GMT
… passing that wealth on, capital gains taxes can quietly undo decades … on the hook for capital gains taxes on the full difference … understand how to navigate capital gains in large estates. … tax problem. By planning ahead and understanding how capital gains …
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Wayne Leggett: Don’t think the $3m super tax will affect you? Think again
08 Jun 2025 18:01 GMT
… acutely aware that the words “tax” and “superannuation” don’t … but you will also be taxed on “unrealised gains”.
To explain … sell an asset, you pay capital gains tax on the difference between what … “unrealised” gains you have paid tax on in advance of when …
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Devon farmers' fury at crucial summit on destructive 'tragedy tax'
08 Jun 2025 15:43 GMT
… a penny more in inheritance tax. But, if he were … hundreds of thousands more in taxes after the Chancellor increased national … would also have to pay capital gains tax on top.
Jeremy Yabsley, 69, … could be affected by the tax.
Another grower reported that he …
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Liz Weston: Complicated 1031 exchanges rules may not help you escape capitol gains taxes
08 Jun 2025 14:52 GMT
… read your recent column about capital gains and home sales.
Our … allow you to defer capital gains on investment property, such … sell, you could owe capital gains taxes on the difference.
It … but you would be deferring capital gains, while the home sale …
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PSX urges resolution of sales tax disputes among provinces in budget FY26 proposals
08 Jun 2025 11:47 GMT
… .
Currently, provincial sales tax on services ranges from … recommended removing the minimum tax regime for listed companies … . They said minimum tax reduces company profits even … enterprises (SMEs), aligning capital gains tax rates across sectors, promoting …
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'Annual wealth tax' support as new poll shows majority want the richest to be taxed more
08 Jun 2025 11:09 GMT
… the wealthiest should be taxed more to protect public services … favour of an annual wealth tax for estates above £10 … similar number backed a windfall tax on banks. Half of … said they would support raising capital gains tax. TUC general secretary Paul Nowak …
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Rachel Reeves ‘lines up stealth tax blitz’ to raise billions - check out her top targets
08 Jun 2025 09:55 GMT
… Reeves has already tightened inheritance tax (IHT) rules in her … she will also target tax relief on pension contributions. … ruled out,” Hollands warned.
Capital gains tax (CGT) is another potential … Reeves goes too far, tax hikes could knock confidence, …
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Budget FY26: PSX proposes to resolve provincial jurisdiction differences over collection of sales tax on services at CCI
08 Jun 2025 06:43 GMT
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It elaborated that the minimum tax on listed companies discourages documentation … regulatory requirements, including audits, tax filings, advance tax payments, and withholding statements … requested to align rates of capital gains tax (CGT) on disposal/ …
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New details revealed about Labor’s super tax plan
07 Jun 2025 22:39 GMT
… the Albanese government’s tax on superannuation balances above … the tax, even though it will apply to unrealised capital gains.
… to pay the tax.
The proposed tax—an extra 15 … including unrealised capital gains.
Critics have warned that taxing unrealised gains …
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IRS Reminds Taxpayers: Estimated Tax Payment Due June 16
07 Jun 2025 20:53 GMT
… Internal Revenue Service is reminding taxpayers that the second quarter estimated … -employment, gig work, interest, dividends, capital gains, rental income, or 1099 earnings … on time helps taxpayers avoid falling behind on taxes and incurring potential …