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
Why accountants are better placed to deal with probate
Over the last few months or so whilst we have been finalising our application to the ICAEW for a probate licence we have discussed how we can offer this new service to our existing clients. 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
Property Letting Businesses and Inheritance Tax
A great number of landlords mistakenly assume that because their property letting business is of a particular size, or is in a company, that their income generating assets will not be subject to Inheritance Tax. More
Smaller charities should focus on legacy income
Featured on www.CharitiesManagement.com Nigel Shaw, Partner, explores the continued rise of legacies as an income source for charities, and urges smaller charities in particular not to miss out on it. More
Charitable Legacies
The normal rate of inheritance tax (IHT) payable on a persons’ chargeable estate on death is 40% and this is payable on the Estate after taking into account all exemptions, reliefs and the nil rate. More
Inheritance Tax and Marriage
Inheritance Tax and Marriage When I am advising clients on mitigating their exposure to inheritance tax and generally planning for death I am often asked to comment on which is the simplest and best solution. More