Second homes and shares could be sold in a bid to avoid a hike in CGT by the
new coalition government.
Increasing the CGT rate for non-business assets close to the top income tax
rate of 50% could see investors make sales before it comes into effect. The new
rate could be introduced next year.
The hike was likely to lead to investors scrambling to make sales, reported
Age that the definition of “non-business assets” was still
unclear, although shares and second homes were likely to come under the remit.
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up