Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

UK Chancellor of the Exchequer Rachel Reeves discusses the outlook for taxes on working families and the wealthy. "We already ...

For years, America’s super-rich have been honing the “buy, borrow, die” strategy as a means of keeping wealth in the family and side-stepping tax.

Economic confidence among high-net worth individuals has dropped since last year amid tax hikes and there could be more pain ...

The Chancellor is set to make a series of tax changes at the Budget, but some could have a more negative impact on growth than others ...

For higher or additional rate income tax payers, the rate is 24 per cent. For those on the basic rate, it’s 18 per cent.

Shadow Chancellor Rachel Reeves warned of “harder” fiscal choices ahead of Labour’s Autumn Budget on 26 November. With rising borrowing and economic pressures, the Treasury may consider VAT, property, ...

Income tax is charged on most types of income but tax allowances protect some from the taxman. Following the end of the tax year, which falls on 5 April each year, we look at the income tax rates and ...

Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...

Even if you withhold taxes on your retirement benefits, you might be surprised by an IRS estimated tax penalty at year-end. That’s because income sources like capital gains, dividends, and interest ...

Chancellor of the Exchequer Rachel Reeves ruled out a UK wealth tax, while also giving one of her strongest commitments yet to abide by campaign pledges not to raise the level of several key taxes.

The typical home's value fell in August, according to the latest figures from Nationwide Building Society, as speculation over tax changes 'risks sending prices lower'. House prices edged down by 0.1 ...