In January 2018 the Chancellor of the Exchequer asked the Office of Tax Simplification (OTS) to look at inheritance tax and how this could be made simpler. More
Currently when personal representatives apply for a Grant of Probate in order to administer an estate there is a fixed fee, regardless of the size of the Estate. More
According to recently issued Government statistics, Inheritance Tax (IHT) receipts hit a record high of £5.2bn in the 2017/18 tax year. This is a year-on-year increase of 8% (£400m) on the £4. More
| on: By Nigel Shaw in: Inheritance Tax, Private Clients
Many holiday property owners put a lot of time and effort into making their properties attractive for letting and often it can seem like a full-time job, especially if you do not engage a specialist. More
| on: By Robert Peel in: Inheritance Tax, Private Clients, Tax
If you run your own business through a limited company and have grandchildren, or children over 18 and you are currently paying towards their education or other costs out of your taxed income then you. More