Property Tax, Hebrew School, Euro Semi-Finals, Weekend Sport
Last week during his budget speech, the Minister for Financial Services Nigel Feetham announced that investors with three or more properties in their portfolio, not including their primary residence, will now be subject to a new tax on profits or gains. He said the new tax will target wealthy individuals who drive up prices by buying and selling property like a stock market. Many have welcomed the effort to discourage people using Gibraltar’s limited property as a stock market. But what will it curb investment? We spoke to estate agent Lewis Montegriffo.
Department of Education staff who have…
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