Indexing involves taking inflation into account by recalculating an asset's original purchase price when someone sells it. That results in less profit and a lower tax burden.

Purchasing a home for $200K in 1999 and selling it today for $600K would result in a capital gain of $400K; under current law $150K of that is taxable, even though $108K of that is solely due to inflation.

The Foreign Secretary said that the UK was at 'an important historic crossroads' as he sat down with Chrystia Freeland in Toronto at the start of a three-day trade offensive taking in the US.

The Mayor of London (pictured) said the Labour leader would be wrong to continue with his current Brexit strategy, branding it a 'fudge'.

Dr Mark Berry, of Royal Holloway University, suggested that the Leave Means Leave event on January 31 in Parliament Square was similar to the Nazi's vicious assaults on Jewish property in 1938.

Sadiq Khan has begged the EU to grant pro-Remain Britons 'associate citizenship' of the bloc so they can continue to enjoy the benefits of free movement despite Brexit.

The Mayor of London claims 'too many people are not staying at home' and again insisted they could not run any more services as he admitted only around half of all trains are now running.

Sadiq Khan today accused the government of putting 'dogma ahead of the national interest' as he urged ministers to agree a Brexit transition period extension with the EU.

The 23-year-old (pictured) will play her semi-final against Amanda Anisimova on the 10,000-seat Court Suzanne Lenglen instead of the 15,000-seat Court Philippe Chatrier on Friday.

MIKE DICKSON IN PARIS: Jo Konta suffered a crushing disappointment at the French Open and then criticised the tournament for relegating the women's semi-finals to lesser courts.

Canada's finance minister says its government has not yet decided if it will cover the $1.7 million it will cost to provide security for Harry and Meghan after the couple decided to move to North America.

Brexit Party leader Nigel Farage insisted 'No Deal is the best deal' and told the Boris Johnson it would be a 'historic mistake' to rehash Mrs May's Withdrawal Agreement - minus the backstop.

Nigel Farage said he was ready to put 'country before party' and 'help in any way we can' if a snap poll is triggered.

Nigel Farage said 'of course' the Brexit Party and Tories must do a deal to stop them splitting the Eurosceptic vote in a snap election - which could come as early as October 15.

Members of the European Research Group are reported to have held 'very tentative' discussions with the Brexit Party leader over the possibility of a pact saying it 'would be mad' not to pursue one.

The overwhelming majority of Tory voters and Brexit Party supporters want Boris Johnson and Nigel Farage to agree an electoral pact before the next general election, according to a new poll.

Brexit party leader, Nigel Farage has offered Boris Johnson his support via a newspaper adverts in return for the assurance of a break away from the European Union without a deal.

Sajid Javid has failed to rule out a Tory pact with Nigel Farage's Brexit Party at the next election. The Chancellor said the Conservative Party did not need electoral alliances to win.

The eurosceptic said that his upstart party would not oppose members of the hardline European Research Group and any sitting MP who 'pledges to never vote for the new EU treaty'.

The Brexit Party leader hammered the PM after his comments during a visit to Dublin to see Taoiseach Leo Varadkar, having earlier said: 'Let's work together, let's get Brexit done.'

Hardline Brexiteer Nigel Farage wants to go after Labour seats where UKIP has previously had some success, such as in the Midlands and North East.

Nigel Farage claimed he wanted to 'fight a general election' alongside the Tories. The Brexit Party leader has been in the north east of England today on a conference tour.

Labour Brexiteers are much more likely to switch to Nigel Farage than the Conservatives, a study has found.Boris Johnson is hoping his robust stance on Brexit will help him snatch seats from Labour.

Paul Vinter, 47, of south London, claims people 'shake their fists at him' when he is out in his 1979 Mercedes 450 SLC because of its BRX541T number plate.

In stormy exchanges at the European Parliament, Nigel Farage condemned the behaviour of Luxembourg PM Xavier Bettel and warned that the UK must go for a 'clean break' from the bloc.

Leader of the House of Commons Jacob Rees-Mogg warned: 'If you vote for the Brexit Party at the next election it is a vote effectively for Jeremy Corbyn.'

Nigel Farage renewed his appeal for the PM to join forces - but insisted it could only happen if the Tories committed to a 'clean break' from the EU.

There is growing confidence Boris Johnson (pictured) can avoid being put to the sword by Nigel Farage's Brexit Party if he cannot honour his 'do or die' pledge for the UK to leave by October 31.

Britain will leave the EU in 25 days without a deal unless senior figures agree to compromise, in which case Boris Johnson will 'paralyse' the EU, senior aides revealed.

Boris Johnson and the Conservative Party are preparing to fight the next general election on the assumption that Brexit has not yet happened, according to leaked campaign documents.

Nigel Farage took to the stage at the event in Westminster this evening and savaged the deal the PM managed to agree with Brussels on Thursday, saying 'this is not what we voted for.'

The Brexit Party leader, who favours a No Deal exit, is advocating a 'clean-break' from the European Union and claims the current deal will not respect the referendum result.

Nigel Farage has accused the PM of trying to 'bounce' the country into backing his agreement to save the Tories from disaster.

Nigel Farage today predicted the UK could remain trapped in the EU until long after January next year as the bloc weighs up how long to delay Brexit.

STEPHEN GLOVER: A few months ago, the Brexit Party was the talk of Westminster. It had won the most seats in May's European elections. But its fortunes have declined since Boris became PM.

In an email to supporters yesterday, the leader said the party would have 'a big challenge on our hands to clear out the Remainer Parliament and win a majority for Brexit'.

An audit by the Daily Mail found Boris Johnson could miss out in almost 90 battleground constituencies if the pro-Brexit vote is split between the Tories and the Brexit Party.

Conservative Party chairman James Cleverly has immediately rejected a fresh appeal from Nigel Farage to form a general election Leave Alliance.

LEO MCKINSTRY: Oscar Wilde famously wrote that 'each man kills the thing he loves'. Yesterday, we witnessed Nigel Farage start doing just that.

Arron Banks, who campaigned with Mr Farage as part of Leave.EU during the 2016 referendum, said that the Brexit Party leader was risking the entire project by splitting the Tory vote.

At a glitzy election launch in Westminster, Nigel Farage vowed to take on the 'two tribes' of the Conservatives and Labour who had forgotten what they promisd in the 2016 referendum.

Steve Baker, chairman of the European Research Group (ERG), said Nigel Farage could end up creating a 'weak and indecisive' hung Parliament if he fields 600 Brexit Party candidates.

It surged four per cent in a new YouGov survey of voting intentions. Boris Johnson's Tories were down one per cent at 38 per cent, while Labour had lost two per cent in falling to just 25 per cent.

The list comes after Collins Dictionary named Brexit its word of the year for 2016. A Collins language consultant said that Brexit had been 'quite generous in its gifts to the English language'.

Brexit Party chairman Richard Tice today announced he will contest the 2019 general election as he revealed he will stand in the pro-Leave seat of Hartlepool.

Senior allies of Nigel Farage and Boris Johnson have held secret last-minute talks to strike a deal that would stop the Brexit Party splitting the Tory vote and letting Jeremy Corbyn into No 10.

ARRON BANKS: The millions of voters praying that we will finally leave the European Union can be forgiven if they feel concerned. They have every right to be.

Brexit Party leader Nigel Farage has said he will have candidates in more than 600 constituencies unless Boris Johnson agrees to go for a No Deal Brexit.

Nigel Farage will today formally launch the Brexit Party's general election campaign after another of his candidates decided to step down to avoid splitting the Leave vote.

Dr Graham Cushway, the candidate for Brighton Kemptown, has faced calls to quit after he was revealed as the bassist of a band who dress up as 'undead Luftwaffe pilots'.