Capital Gains Tax Changes
Posted on May 17, 2008 - Filed Under Finance | Leave a Comment
Delivered on 9th October 2007, the UK property taxation world got a stir from Darling Chancellor’s first Pre-Budget Report.
Our new Darling Chancellor’s first Pre-Budget Report, delivered on 9th October 2007, caused quite a stir in the UK property taxation world.
The biggest news was undoubtedly the shock announcement of a new single flat rate of Capital Gains Tax. The new rate of 18% is to apply to all capital gains arising on or after 6th April 2008.
Alternatives to Fairyland
Posted on May 10, 2008 - Filed Under Finance | Leave a Comment
Children love fairy stories, tall tales of short elves and beautiful maidens. Is it fair to shatter their illusions and puncture their dreams? Certainly not! But what if that ‘child’ is 21, or 41, or 61? Should they still be allowed to believe in fairies? Doesn’t someone, anyone, need to tell them the truth about the economy? Why should they be encouraged to live in Fairy Land forever?