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Plan now to avoid Chancellor Rishi Sunak’s capital gains tax raid. EXPERTS SAY Chancellor Rishi Sunak is plotting a big capital gains tax raid as he looks for methods to fund the government’s Covid rescues. Investors are already selling assets such as real estate and equities in anticipation of higher capital gains tax rates next year. CGT is known as the “forgotten tax,” but it generates about £10 billion in revenue for HM Revenue & Customs each year, and that number is expected to rise. Although this is nearly treble the £5.4 billion it received through inheritance tax last year,…

Sunak to make £90 billion from wealth duties, a ‘horror for families,’ according to inheritance tax. THE INHERITANCE TAX might bring in tens of billions for Chancellor Rishi Sunak as the epidemic fuels discussion about tax revisions. The ordinary inheritance tax rate is 40%, and it is only applied to the portion of your estate that exceeds the £325,000 level. However, the Chancellor of the Exchequer may be looking into ways to amend this as he seeks to raise additional funding in the wake of the pandemic’s economic downturn. Currently, the vast majority of estates do not pay inheritance tax,…

Red Bull is being asked to reel in Max Verstappen over the Lewis Hamilton squabble – ‘The race is the goal.’ Allan McNish, a former Formula One driver, knows why Max Verstappen’s temper flared during the Hungarian Grand Prix press conference on Thursday. After Max Verstappen’s “animosity” off track approached boiling point ahead of the Hungarian Grand Prix, former F1 driver Allan McNish feels Mercedes boss Toto Wolff and his Red Bull counterpart Christian Horner should take a step back and focus on the job at hand. Questions about Verstappen’s accident with Lewis Hamilton at the British Grand Prix dominated…

After discovering a “bloody” spill in her newborn daughter’s bedroom, Stacey Solomon “creeped out.” STACEY SOLOMON took to social media to express her dismay after discovering a dark red stain on the floorboards of her expectant daughter’s bedroom when taking up the carpet. Stacey Solomon, 31, of the Loose Women panel, has resorted to Instagram to reveal that a “bloody”-looking spot on the floor of her unborn baby daughter’s bedroom has her “creeped out.” The presenter is expecting her and Joe Swash’s second child and has been documenting the DIY process for her daughter’s future room on social media. I’m…