The number of UK taxpayers paying higher rates of income tax has tripled since 1992/93 📈
This is set to grow by an extra 2.7 million by 2027/28.
But income tax forms just one part of the UK's largest tax-raising drive since 1979.
Find out more: https://t.co/oubpQbDsUM
• UK named Europe's most attractive nation for #space investment,
• Buy-to-let rules for #landlords set to change
• #Eurozone enters technical recession.
More on last week's most significant economic headlines: https://t.co/8AxpVHKqta
Weekly Briefing: UK Sidesteps Recession 📈
Delve into the past week's finance & investment headlines, including the UK's economic momentum, 2% wealth tax proposal and more.
Essential reading for seasoned investors: https://t.co/jLl6nlYjJg
#EconomicInsights#InvestmentNews
The UK #inheritancetax threshold is frozen until at least 2028,
meaning for those with estates valued over £325,000, passing down assets tax-free will become increasingly difficult.
This is how tax efficient investments can help: https://t.co/978UoI7DDm
• UK remains among Europe's top foreign investment hubs
• Economists speculate impact of zero-deposit #mortgages
• Experts divided over outlook on #globaleconomy
Recap the past week's most significant #finance & #investment headlines: https://t.co/7HWmtavZqY
The UK is facing its largest tax-raising drive since 1979.
Yet many taxpayers aren't aware of the tools available for supporting their #incometax plan.
Offering 30% income #taxrelief on up to £2m per year, the EIS is among the most generous. https://t.co/T5L8twWCQl
GCV portfolio company, Atom Bank, recently featured in The Washington Post following the success of their four day workweek.
Here is what Atom CEO, Mark Mullen, had to say: https://t.co/4FRSI5I4um
#DigitalBanking#VentureCapital
• Britons face largest tax-raising drive since 1979
• London's super-prime #propertymarket rebounds
• #Twitter buys VC-backed startup in first Musk-era acquisition
Recap the past week's most significant #finance & #investment headlines: https://t.co/qJJhDDI1jK
UK government extends voluntary National Insurance deadline as generative AI poses attractive opportunity for VC investors.
Recap on some of the past week's most significant #finance and #investment headlines: https://t.co/E0uLYpNsHr
Invest in Europe Report: Record #venturecapital and #privateequity investment in 2022 as European investors increase focus on private markets. https://t.co/C8CD6wp864
Congratulations to Durham-based Atom Bank, who last week celebrated 9 years in operation following a momentous 12 months of company progress.
Find out more about GCV's early stage involvement with Atom: https://t.co/hPzV5FQJUe
#DigitalBanking#Banking
#Incometax as a proportion of #GDP is at its highest level since the 80s.
With 250,000 more taxpayers forced into the 45% income tax band in 2023/24, this level is expected to rise.
Discover the recent income tax changes and how to mitigate against them: https://t.co/ENLOlzopVo
UK inheritance tax receipts reach all-time high of £7.1bn as inflation update signals positive news for investors & startups.
Recap on some of the past week's most significant #finance and #investment headlines: https://t.co/dv8IfTLpdO
One of the South East’s leading visitor attractions has turned to Durham-based GCV portfolio company @ngage_io to transform its digital experience.
Within two weeks, @JimmysfarmHQ generated over 4,000 app downloads.
More at: https://t.co/4R9Yi5CcHX
With the CGT allowance having more than halved and a volatile inflationary environment persisting...
Have you considered these 7 techniques for reducing your #capitalgainstax bill? https://t.co/7BnYYddCwO
• EY forecasts UK will avoid technical recession 📉
• SEIS changes introduced for startups & investors 💡
• Government sets sights on modular construction 🏗️
Recap on some of the past week's most significant #finance and #investment headlines: https://t.co/gSzhloKxev
GCV property delivery partner, Homes by Carlton, plans to expand its Middleton Waters development with an additional 148 homes following recent land acquisition approval: https://t.co/URPhdXLA2Z
#PropertyInvesting#UKProperty
3 tax changes every investor & high earner should be aware of by now:
1. The 45% income tax threshold has decreased to £125,140
2. The CGT allowance has more than halved to £6,000
3. The dividend allowance has decreased by 50% to £1,000
More at: https://t.co/TIAPuLrxwk
Global ESG investing reaches record highs as UK unemployment rate nears 50-year low: a week in review.
Recap on some of the past week's most significant economic headlines: https://t.co/Qbqtt0mfVR
#ESG#Investing
- UK GDP to increase by £1.8bn after joining Trans-Pacific trading bloc
- US inflation down by over a third since 2022 peak
- Rising income tax receipts prompt demand for tax efficient investments
Recap on last week's most significant economic headlines: https://t.co/J7p5HYjxyY