24 Apr,2021 | Industry Leaders Magazine, Leadership
The family of Lee Kun-hee, Korean industrialist and Samsung Group chairman who died in 2020, is scrambling to meet the huge inheritance tax bill of around $12 billion that they have to pay soon. The bill results from South Korea’s 60 percent inheritance tax, the...
10 Aug,2020 | Business, The Guardian
Q I am an elderly widower. When I die I expect to leave my entire estate to my three daughters.Part of that estate is a flat that I bought in 1997 for £68,000 but which is now worth about £250,000. What capital gains tax would be due – if any –...
24 Jul,2020 | Business, The Guardian, Uncategorized
Nils Pratley on finance Government borrowing Here’s an idea that could earn the government £400bn in 25 years Nils Pratley A capital gains tax on primary residence – it may be politically toxic but has the virtue of...