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In the latest Weekly Macro & Markets View from Zurich Insurance: French political instability remains stable. French Prime Minister Michel Barnier’s government falls after losing a vote of no confidence in the National Assembly. President Macron is looking to appoint another centrist figure, while the 2024 budget is likely to be rolled over into 2025.  The uncertainty is focusing the minds of some politicians, including those in the Socialist Party, which has finally signalled a willingness to be involved in government negotiations. Their participation would increase the chances that a government can be formed. Yet, a move to the left may bring further increases in corporate taxation, weighing further on French equities. The situation remains unpredictable, and market pricing will be dictated by volatile headlines. Read more on our take on the latest developments in global markets and subscribe to our newsletter on https://lnkd.in/dgVtrAWE

According to Nimesh Patel, Managing Partner, business owners must act quickly to meet the new challenges that yesterday’s Budget will bring… The hike in National Insurance “will undoubtedly strain the finances of many SMEs’, with the immediate increase in Capital Gains Tax rates also having a significant impact. Nimesh outlines the key concerns here: https://bit.ly/4hv303i #Budget2024 #UKBusinessOwner #NationalInsurance #CGT

According to John Hillier FCA ICAEW, Managing Director, business owners must act quickly to meet the new challenges that yesterday’s Budget will bring… The hike in National Insurance “will undoubtedly strain the finances of many SMEs’, with the immediate increase in Capital Gains Tax rates also having a significant impact. John outlines the key concerns here: https://bit.ly/4hlIOkx #Budget2024 #UKBusinessOwner #NationalInsurance #CGT

Now that the new capital gains legislation has passed, many Canadians — especially small-business owners and incorporated professionals — are looking for ways to optimize their tax strategies, and one way to do that is by considering the role of insurance in financial planning.

After the election dust settles, if Republicans gain control of the government there could be significant changes to corporate taxes, potentially lowering the rate from 21% to 15%. This reduction would be a major win for businesses, lowering their tax burden and possibly creating a more favorable environment for competition. For life insurers and other financial services companies, this could mean reduced costs and more competitive pricing on financial products. How might this shift impact your business strategy? Read our latest article https://lnkd.in/eNbpkeGb #InsuranceDesign #CaseDesign #CaseAnalytics #ProductAnalysis #InsuranceCaseDesign #InsuranceCasePresentations #LifeInsurance #CasePrep #InnovativeInsuranceSolutions #LifeInsuranceReview #EstatePlanning #BusinessInsurancePlanning #Insurance #LifeInsuranceRetirementPlanning #InsuranceAnalytics #InsurancePortfolioCreator #LifeInsuranceStrategist #WholeLifeInsurance #IUL #IndexedUniversalLife #InsurancePolicy #CorporateTaxCuts #BusinessStrategy #TCJA2025

The capital gains inclusion rate will be going up tomorrow (June 25). For corporations and most trusts - this means a 2/3 inclusion rate. For individuals, GRE's and QDT's - there will be a 50% inclusion rate on the first $250K of capital gains and 2/3 inclusion rate thereafter. In many ways today (June 24) is the last day to trigger or crystallize capital gains at an unlimited 50% inclusion rate. Remember for those concerned about terminal tax obligations, life insurance can be an effective tool in helping fund terminal tax obligations in this higher tax rate regime. https://lnkd.in/gvEbeBs9

According to Samuel Bacall, Director, business owners must act quickly to meet the new challenges that yesterday’s Budget will bring… The hike in National Insurance “will undoubtedly strain the finances of many SMEs’, with the immediate increase in Capital Gains Tax rates also having a significant impact. Sam outlines the key concerns here: https://bit.ly/4f5Fc4m #Budget2024 #UKBusinessOwner #NationalInsurance #CGT

Nearly half of UK small businesses say National Insurance increases in the budget will negatively impact them as they struggle with taxes and costs like energy and property Read more: https://lnkd.in/eWPTxMQM Image: Getty

#BTBudgetRoundtable 2024 | After the removal of indexation benefits for long-term #capitalgains on real estate, announced in Union #Budget2024, has sparked intense debate. Ajay Seth, Secretary, DEA, was questioned about the rationale behind this move, particularly given that revenue generation was not the stated objective, at India Today & Business Today's mega event. ➡️ Ajay Seth discussed the #DirectTax Code's goal for a fair taxation system by eliminating preferential tax treatment for debt instruments, ensuring equal treatment for all asset classes. Read More: https://lnkd.in/genKqZcJ Watch the full session on #BTTV: https://lnkd.in/gn_hHDvc #BudgetRoundTable | ICICIdirect

Along with your tax professional, we can help you build an investment income strategy that considers the impact of taxes like the NIIT, and is personalized to your financial goals, risk tolerance and time horizon. https://bit.ly/3ZBQfgn #ICG #InspireConfidence #SimplifyLife #ReduceStress #WealthPreservation #InspireConfidenceGroup #AmeripriseFinancial