Review of Inheritance Tax

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

Major victory for holiday let owners

The last 10 years or so have seen a proverbial “ding dong” between owners of furnished holiday homes and HMRC. More

Record IHT receipts for the 8th year running

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

Inheritance Tax Simplification

The legislation relating to Inheritance Tax (IHT) and particularly its interaction with Trusts is particularly complex. More

Will your holiday let give you an Inheritance Tax headache?

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

Grandparent Trust – great opportunity for income tax savings

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

Tax Planning & the Family Home

Tax Planning & the Family Home – Take care to avoid disastrous tax results! (Register here for our IHT & Probate planning seminar on 1st March) As the fear of Inheritance Tax (IHT) increasingly grips. More

Mitigating inheritance tax

  Recently published government statistics have shown that increasing house prices have increased the amount received in inheritance tax.  During the year ended 5 April 2016, receipts from inheritance tax rose from £3. More