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 worked at the Hebrew School will be re-deployed to other government schools and services at the end of this academic year. This follows changes to the school's management structure. Shelina Assomull brought us the details.
On Saturday afternoon, England booked their place in the Euro 2024 semi-finals after beating Switzerland in a penalty shootout. Unsurprisingly, there's been plenty of support for the Three Lions here on the rock - particularly down at Ocean Village. Head of Retail Operations at Casino Admiral John Skellett told us about the impact that the tournament has had on trade.
And, we spoke to Jose Mari Ruiz about the latest in local sports over the weekend, including big success for the international catch-and-release tuna competition: the first of its kind.
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