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Yorkshire Post business editor Chris Burn reacts to the news that three top building societies are to pay out tens of millions of pounds to customers who were the victims of the collapse of a company called Philips Trust Corporation.<br/>Read more here: https://www.yorkshirepost.co.uk/business/leeds-newcastle-and-nottingham-building-societies-to-pay-tens-of-millions-to-philips-trust-victims-4613793

Philips Trust payouts by top building societies 'victory for people power'

⏲ 2:26 👁 24.9M

Kaplan UK

UK Corporation Tax Explained

⏲ 42 minutes 5 seconds 👁 10K

BBC News

Corporation tax explained - BBC News

⏲ 3 minutes 7 seconds 👁 45.2K

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.

IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed

⏲ 1:29 👁 7.3M

Heelan Associates

CORPORATION TAX BASICS EXPLAINED FOR SMALL BUSINESS (UK)

⏲ 6 minutes 42 seconds 👁 29K

Simon Misiewicz US u0026 UK Taxes

UK Corporation Tax Rates 2023 for limited companies

⏲ 4 minutes 42 seconds 👁 3.1K

Carvana shares soared over 30% in after-hours trading after reporting first-quarter revenue of more than a billion, beating analyst estimates. The company forecast a sequential rise in adjusted core profit and retail unit sales growth, surprising analysts who expected a sales decline. Adjusted earnings before interest, tax, depreciation, and amortization were more than $200 million, exceeding estimates. Carvana's inventory of unsold used vehicles on dealer lots rose 9% from a year ago. High interest rates have pushed some consumers to the used car market for better deals than new vehicles.

Carvana Reports Stellar Q1 Results, as High Interest Rates Push Buyers to the Used Car Market. Shares Soar 30%.

⏲ 0:35 👁 5.1M

Simon Misiewicz US u0026 UK Taxes

The 26.5% UK Corporation Tax Scam on Limited Companies

⏲ 5 minutes 50 seconds 👁 608

Workhy

What is Corporation Tax in the UK?

⏲ 1 minute 9 seconds 👁 894

During a House Ways and Means Committee hearing Tuesday, Rep. Drew Ferguson (R-GA) spoke about tax credits.<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/><br/>Stay Connected<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com

'The Math Doesn't Add Up': Drew Ferguson Presses Janet Yellen On Biden's 'Green Energy' Tax Credits

⏲ 5:9 👁 4.3M

HMRCgovuk

What is Corporation Tax?

⏲ 2 minutes 24 seconds 👁 3.7K

Joshua Tharby

25% Corporation Tax from April 2023.. What should you do?

⏲ 8 minutes 54 seconds 👁 6.5K

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