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Rishi Sunak has unveiled a 2.4 billion pound tax break to help secure the support of pensioners in the forthcoming General Election. During a visit to a bowls club in Market Bosworth, Leicestershire, the Prime Minister promised to increase the income tax personal allowance for pensioners, giving them a tax cut worth around £100. Mr Sunak said “what I believe is if you work hard all your life you should have dignity in retirement.“ <br/> <br/> Report by Ajagbef. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Saving to Invest
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Saving to Invest
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EU foreign chief says Israel must respect UN court<br/><br/>The European Union's foreign policy chief insisted Sunday that Israel must abide by the UN top court's rulings and end its offensive in the southern Gaza city of Rafah and, at the same time, questioned the possible involvement of authorities in the settler violence against Palestinians in the occupied West Bank.<br/><br/>On a day that visiting Palestinian Prime Minister Mohammad Mustafa basked in the attention after two EU nations and Norway pledged to recognize a Palestinian state, Josep Borrell further pressured Israel to take immediate actions to make sure that tax income meant for the Palestinian authorities is no longer stopped.<br/><br/>The demands came at the end of the week that saw the international community put increasing pressure on Israel to fundamentally change the course of the war it wages on Hamas in the Gaza Strip through international court action and diplomatic maneuvering.<br/><br/>Photos by AP<br/><br/>Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe <br/>Visit our website at https://www.manilatimes.net <br/> <br/>Follow us: <br/>Facebook - https://tmt.ph/facebook <br/>Instagram - https://tmt.ph/instagram <br/>Twitter - https://tmt.ph/twitter <br/>DailyMotion - https://tmt.ph/dailymotion <br/> <br/>Subscribe to our Digital Edition - https://tmt.ph/digital <br/> <br/>Check out our Podcasts: <br/>Spotify - https://tmt.ph/spotify <br/>Apple Podcasts - https://tmt.ph/applepodcasts <br/>Amazon Music - https://tmt.ph/amazonmusic <br/>Deezer: https://tmt.ph/deezer <br/>Tune In: https://tmt.ph/tunein<br/> <br/>#themanilatimes<br/>#worldnews <br/>#unitednations <br/>#israel
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The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
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Mel Stride said his party does not owe apology to Labour's deputy leader, adding that ''police have passed information over to the local authority''. Greater Manchester Police announced Angela Rayneris to face no further action over her past homes arrangement. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Naseems Accountants
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