The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Here is the definition: "Capital Gains Tax is a tax on the profit when you sell (or 'dispose of') something (an 'asset') that's increased in value. It's the gain you make that's taxed, not the amount of money you receive."
Jamrock...you misunderstood. Rishi is planning to tax landlords MORE when they are SELLING their rented homes. This will have the opposite effect you are claiming, because it will deter landlords from selling during his time as PM.
Landlords only pay 40% for earnings above 50k, so what may happen is that their income and taxes will reduce accordingly for a few weeks till they raise the rent. Don’t cry over the greedy landlord b-yards! Money for nothing is what they get and will be getting ……
DC, those who bought "substantially" at 51 sold it most likely at 56, hoping to re-buy at 49. They did re-buy eventually, but at 67. That's how day traders work, as it is well-know that the vast majority of them are losing money until they disappear.
Some people are here just to antagonise others. If you reply to them, they feel validated and keep posting. If you ignore them though, their posts will get diluted with other, factual based or interesting ones.
Don’t feed the trolls!
People have returned to the bricks already. That's old news! What's new is that the numbers are smaller than ever, due to the high petrol prices, parking charges and far more attractive online shopping experience. I personally left high street in 1993. Ordered from catalogues before moving online.
Boohoo ships to the US and will do so even more so in the future, when Shein will be out. It will open its own warehouse in the US next year, remember? And could still send parcels directly to customers tax free from all over the world, apart from China. For US, UK is not in the same market category as China, and will not be affected.
Everything against Shein is positive for Boohoo. US is preparing legislation to stop Shein and other Chinese for shipping directly to the US customers. I can’t wait for it to happen. Shein is shipping now tax free, control free. Boohoo will not be affected.
Hardly Doomsday for a profitable company that year after year takes more market share from its competitors! Meanwhile, the tax avoiding Chinese and their unfair advantage are going to be ****ed by legislation, both in the US and EU.
Exactly. Considering that Shein's unfair tax advantage is soon to come to an end (especially in the US (see "de minimis") and that PLT has already twice more likes on TikTok than Shein, soon the fortunes of the two rivals will be reversed....