Business
The High Court has ruled “The Secretary of State acted unlawfully by failing to comply with the Transparency Policy” and that “there is now no dispute that, in a substantial number of cases, the Secretary of State breached his legal obligation to publish Contract Award Notices within 30 days of the award of contracts.” We have won the judicial review we brought alongside Debbie Abrahams MP, Caroline Lucas MP, and Layla Moran MP.
Brits should make the most of EU bargains this Christmas, urges ParcelHero. The international delivery expert says that the bureaucracy and red tape involved in clearing customs next year will make the UK a far less competitive market for European Union (EU) traders. It believes that this will be the case even if an 11th-hour Brexit deal means there are no new duties to pay on goods arriving from Europe.
Capital Gains Tax is a levy on any profit made upon the disposal of an asset. It is applicable to most assets when they are sold, inherited (and then sold), and even gifted. Where the seller would have once had up to 22 months to report and pay a capital gain following the sale of a Buy To Let/second property, they now have just 30 days.
The Justice Secretary, Robert Buckland, defended the Government’s controversial Internal Market Bill on the BBC’s Andrew Marr show on Sunday saying: ‘This is all about insurance planning if you like, a break-the-glass-in-an-emergency provision.’
Crisis, what crisis? The coronavirus pandemic has certainly thrown a proverbial spanner in the works for financial markets. It wasn’t that long ago stockmarkets were hitting fresh record highs. It’s all brought things down to earth rather sharpish with investors’ portfolios having taken a good old hammering with people are reassessing their investment risk appetite.
