Feb 20, 2024
Total capital gains have almost tripled over the last decade, to £65bn by 2019/20. Despite this, most people never receive any capital gains, with less than 3% of adults paying capital gains tax over a ten-year period. In any given year just 0.5% of adults receive any...
Sep 27, 2023
Each generation of older people is holding more and more wealth. Inherited wealth is becoming increasingly important as a result. If non-spousal inheritances passed on next year were to be equally shared between all 25-year-olds, each would receive around £120,000. As...
