Garbutt + Elliott advise Yorkshire Repak MBO

Contract packers Yorkshire Repak has been acquired by its management team. A team led by general manager Terry Foy bought the business from its founders Neil and Diane Askham, who started the business in 1985. 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

Capital Gains Tax changes coming soon

The 2015 Autumn Statement proposed another tax change for beleaguered “Buy to Let” investors but this time the focus will be on capital gains made on the sale of a residential property. More

The Rise of Crowdfunding

Research from Barclays shows that the number of business owners aged 25-34 in the pub and bar sector has increased by a quarter in the last three years – and now accounts for 15 per. 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

Reducing your exposure to Inheritance Tax

The Office for Budget Responsibility (OBR) has recently announced that the number of families being subject to inheritance tax (IHT) on death has reached a 35 year high as rises in house prices, particularly in. More

Stamp Duty Land Tax

Update on Higher Rates for Residential Property from 1 April 2016 The Treasury was busy over Christmas, and on 28 December 2015 published some refinements to the proposed changes to Stamp Duty Land Tax (SDLT). More