#capital-gains

#capital-gains

The updates to Qualified Small Business Stock rules expand the definition of a small business to include companies with less than $75 million in gross assets, up from the previous $50 million cap. This change allows founders and investors to benefit from tax-free profits much sooner.

No one would like to be on the wrong side of the law, especially on tax matters, and that's why you may need to declare any income from investments to His Majesty's Revenue and Customs (HMRC).

If you're investing in taxable brokerage accounts, navigating taxes related to capital gains is crucial, especially in light of short-term and long-term capital gains rates.