Twice as many taxpayers targeted in HMRC capital gains tax crackdown – could you be next?

MoneyWeekWednesday, October 22, 2025 at 1:20:56 PM
Twice as many taxpayers targeted in HMRC capital gains tax crackdown – could you be next?
The recent crackdown by HMRC on capital gains tax has led to a significant increase in penalties, affecting a larger number of taxpayers than ever before. This surge comes on the heels of substantial cuts to tax-free allowances, leaving many individuals vulnerable to unexpected tax liabilities. It's crucial for taxpayers to stay informed and understand the implications of these changes, as they could face financial repercussions if they are caught unaware.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Trump Wants The DOJ To Pay Him $230 Million — And Critics Are Blowing Up Over It
NegativeFinancial Markets
Donald Trump is demanding $230 million from the Department of Justice, a move that has sparked outrage among critics who label it as a corrupt act and a blatant theft from taxpayers. This controversy highlights ongoing tensions surrounding Trump's legal battles and raises questions about accountability and the use of public funds.
IRS Issues Transitional Guidance On Car Loan Interest Reporting Under The New Tax Law
PositiveFinancial Markets
The IRS has announced transitional guidance regarding car loan interest reporting under the new tax law, which is great news for taxpayers planning to buy a new car assembled in the U.S. Starting in 2025, they may be eligible to deduct up to $10,000. This guidance is crucial as it helps clarify the details of the new tax benefits, making it easier for individuals to take advantage of these deductions and potentially save money.
Inheritance tax pension reforms will delay payments to grieving families and the taxman
NegativeFinancial Markets
The government's decision to impose inheritance tax on pensions is raising concerns about the difficulties grieving families and executors will face in managing estates. This reform could delay payments to both families and HMRC, complicating an already challenging time for those dealing with loss. It's crucial to understand how these changes may impact financial planning and the timely settlement of estates.
EXPLOSIVE NEW LEASE REVELATIONS: Fury as Taxpayers Foot Bill for Prince Andrew’s Life of Luxury — And the Financial Fallout Behind It
NegativeFinancial Markets
Recent revelations about Prince Andrew's lavish lifestyle funded by taxpayers have sparked outrage. The financial implications of these expenses raise questions about accountability and the use of public funds. This situation matters because it highlights the ongoing debate over royal privileges and the responsibilities that come with them, especially in times of economic strain for ordinary citizens.
Reform UK reviews if it underpaid VAT on tickets and merchandise
NeutralFinancial Markets
Reform UK, led by Nigel Farage, is investigating whether it underpaid VAT on ticket sales and merchandise, following reports that it exceeded the £90,000 threshold due to a Birmingham conference. This review is significant as it reflects the party's commitment to transparency and compliance with tax regulations, especially as it gains traction in public opinion polls.
Latest from Financial Markets
Beiersdorf lowers sales outlook as Nivea brand struggles
NegativeFinancial Markets
Beiersdorf has recently adjusted its sales outlook downward due to challenges faced by its Nivea brand. This is significant as Nivea is one of the company's flagship products, and its struggles could indicate broader issues in the skincare market. Investors and consumers alike will be watching closely to see how Beiersdorf plans to address these challenges and whether it can regain its footing in a competitive landscape.
MTU Aero Engines beats profit estimates on commercial demand
PositiveFinancial Markets
MTU Aero Engines has exceeded profit expectations, driven by strong commercial demand in the aviation sector. This positive performance highlights the company's resilience and adaptability in a recovering market, showcasing its ability to capitalize on increasing air travel and aircraft production. Such results not only boost investor confidence but also signal a promising outlook for the aerospace industry as a whole.
Dollar Rises as Oil Prices Rally, Yen Falls
PositiveFinancial Markets
The dollar has strengthened as oil prices surged following the U.S. sanctions on Russian companies, signaling a robust response to geopolitical tensions. This development is significant as it reflects the U.S. economy's resilience and could influence global markets. Meanwhile, the yen has weakened as investors anticipate more relaxed fiscal and monetary policies in Japan, which could lead to further shifts in currency dynamics.
Sodexo forecasts slower revenue growth in 2026 on US challenges
NegativeFinancial Markets
Sodexo has announced that it expects slower revenue growth in 2026, primarily due to challenges in the US market. This forecast raises concerns about the company's ability to maintain its growth trajectory amidst increasing competition and economic pressures. Investors and stakeholders will be closely monitoring how Sodexo navigates these challenges and what strategies it will implement to adapt to the changing landscape.
Heineken lays out plan to grow beer sales, cut costs
PositiveFinancial Markets
Heineken has unveiled an ambitious plan aimed at boosting its beer sales while simultaneously cutting costs. This strategy is significant as it reflects the company's commitment to adapting to market demands and enhancing profitability. By focusing on efficiency and growth, Heineken is positioning itself to better compete in the global beverage market, which is crucial for its long-term success.
Huhtamaki reports in-line Q3 results as flexible packaging offsets US weakness
PositiveFinancial Markets
Huhtamaki has reported solid Q3 results, showcasing resilience in its flexible packaging segment, which has successfully offset weaknesses in the US market. This is significant as it highlights the company's ability to adapt and thrive despite regional challenges, indicating strong demand for its products and a positive outlook for future growth.