THE BEST FINANCE NEWS ON PAGES 1417 20 - 26 July 2023
Love Island gets a starry surprise
Credit: Love Island/ITV2/Twitter
TOP British singer Rita Ora gave ITV2’s Love Is land house guests and the watching audience an enormous surprise on Tuesday, July 18 when she made a guest appear ance on the television show and performed her new single. As an unexpected treat for the Love Island con testants, Ora had flown out to the villa in Mallor ca for a private perfor mance of songs from her new album. The star looked stun ning in a white dress and matching kneehigh white boots as she chat ted with the love is landers. The Love Island villa is located near Sant Llorenç des Cardassar in Mallor ca. Ora’s first album in al most 10 years, You & I, was released on Friday, July 14 and is expected to hit the charts at number 3 when the album charts are updated on Friday, Ju ly 21. If so, this will be the star’s second top 10 al bum.
The singer has just released her latest album, You and I.
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INHERITANCE TAX Hot, hot, hot TO BE ABOLISHED Image: Marga Prohens made the welcome announcement
Issue No. 1985
LOWERING TAXES: Government of the Balearic Islands.
THE Balearic government has put an end to inheri tance tax payments, it was announced on Tuesday, July 18. Inheritance and gift tax donations between parents and children, grandchildren and grandparents and be tween spouses, both due to death and in inheritances during life through succes sion agreements are includ ed in the move. The government has also reduced the property trans fer tax on the purchase of first homes for young peo ple, and for people with dis abilities. “It is urgent to lower tax es on families,” stated the head of the executive and
leader of the PP of the is lands, Marga Prohens. Prohens convened an ex traordinary government meeting to approve by law the elimination of “the most unfair tax there is, which taxes the work and effort of parents and grand parents.” The measure will mean inheritance tax savings of around €60 million. The tax reform, which will
not have a retroactive ef fect, has been approved via Decree Law that will have to be validated within the next 30 days by Parliament. The law represents the ful filment of Prohens’ promise that before the end of July she would have adopted the main initiative of tax re forms, which she said will broaden and continue. Turn to page 2
THE highest ever temperature in the Balearic Islands was recorded on Tuesday, July 18 in the town of Llubí. It reached a maximum of 44.9 degrees, according to data released from Balears Meteo. Sweltering temperatures were also recorded in María de la Salut, with 44.6 degrees and Campanet with 44.2 degrees. In total, 14 towns and villages registered over 42 degrees, with another 33 towns showing over 40 de grees on the thermometer. AEMET (The State Meteorological Agency) also warned of the presence of Saharan dust particles on Tuesday, which can lower air quality and pose respirato ry risks.