Taxing Capital Gains Fairly
Capital Gains Tax (CGT) is a tax on the profit made when you sell an asset that has increased in value, such as shares, property, or valuable personal possessions.
Capital Gains Tax (CGT) is a tax on the profit made when you sell an asset that has increased in value, such as shares, property, or valuable personal possessions.
Lee Dillon, MP for Newbury, warns that local farmers are struggling with rising costs and uncertainty. He argues that food security starts with farm security, calling for fairer returns, stronger import standards, and long-term support for rural areas.
Tom Gordon, MP for Harrogate and Knaresborough, has renewed his call for Yorkshire Water chief executive Nicola Shaw to resign after the company’s annual report, revealed a sharp rise in pollution and fresh offshore payments to senior executives.
Modern life poses many challenges for young people. While Wokingham Borough Council has limited power to help, we are doing what we can to assist children and young adults to navigate the choppy waters that they are experiencing.
Recently, I have been reflecting on how we talk about social care in our community and across our services. What became clear is this: the words we choose matter more than we might think
Responding to the news that the Scottish Government scrapped its tax advisory group in February, Scottish Liberal Democrat economy spokesperson Liam McArthur MSP said:
Wera Hobhouse, Liberal Democrat MP for Bath and spokesperson for Energy Security and Net Zero, called on the government to provide incentives for energy providers to develop solar power in the UK.
Mrs Hobhouse slammed the government for falling behind on meeting the UK’s renewable targets for solar energy capacity. The government plans to deploy 70 GW of solar power across the country by 2035. However, as of 2022, the UK had only installed 14.3 GW of solar pv.
Following a visit to a rooftop solar system installed by Bath & West Community Energy (BWCE) at Beechen Cliff School last year, Wera Hobhouse is keen to encourage the development of similar solar projects across Bath. The solar system is predicted to significantly cut the school’s fuel costs and reduce their carbon emissions by 52 tonnes a year.
In the House of Commons on the 27th February, the Bath MP noted that the UK is lagging behind the rest of the world in renewable energy investment, she urged the government to offer incentives to energy providers to improve solar capacity.
However, Andrew Bowie, Parliamentary Under Secretary for Energy Security and Net Zero, ignored Hobhouse’s proposals, failing to describe the ways in which the government could incentivise solar energy. Instead, Bowie said that the government’s Solar Taskforce would publish recommendations for solar power and reiterated the government’s target to deploy 70 GW by 2035.
Wera Hobhouse, Liberal Democrat MP for Bath and spokesperson for Energy Security and Net Zero, commented:
“The Conservatives are falling dangerously behind on meeting our targets for renewable energy production. It is no good the government setting an ambitious 70 GW solar target if they are nowhere near reaching it.
“It is clear that they have no plan to get us back on track to reach Net Zero. Evidently, they are more than happy to dismiss perfectly good proposals like incentivising solar power. That is why I am so proud that Bath is home to many community energy projects like the solar system at Beechen Cliff School, so that we can lead the way in renewables.”
“It is not just our climate targets harmed by the Conservatives’ delay. Families in Bath and across the country are struggling to pay soaring energy bills which investment in renewables could curb. That is why we Liberal Democrats would build significantly more renewable energy, aiming to generate 80% of our electricity from renewables by 2030.”
Peter Capener, Managing Director of Bath & West Community Energy said:
“Our work with schools is really demonstrating the value of community energy in both addressing the climate crisis and reducing fuel bills. Rooftop solar installed last year has already saved local schools a combined total of £134,209 and has reduced carbon emissions by 224.3 tonnes, which is equivalent to 12,173 journeys from Bath to Edinburgh by train!”