Tax and Financial Planning News

Interest on Tax on Gift – Assessment Date CrucialApril 4, 2012

Although most people know that gifts will normally not be subject to Inheritance Tax if the donor survives for seven years after they are made,...

Interest on Tax on Gift – Assessment Date CrucialApril 4, 2012

Although most people know that gifts will normally not be subject to Inheritance Tax if the donor survives for seven years after they are made,...

Facts Critical in Residence ClaimMarch 15, 2012

HM Revenue and Customs (HMRC) are quick to recognise easy pickings when transactions occur and the conditions for relief against the relevant taxes are not...

Facts Critical in Residence ClaimMarch 15, 2012

HM Revenue and Customs (HMRC) are quick to recognise easy pickings when transactions occur and the conditions for relief against the relevant taxes are not...

Cases Show Need for Caution in Choosing Financial AdvisersMarch 2, 2012

Recent reports showing an increase in fraud, and newspaper headlines regarding the conviction of a banker and financial adviser after more than £1.4 million was...

Cases Show Need for Caution in Choosing Financial AdvisersMarch 2, 2012

Recent reports showing an increase in fraud, and newspaper headlines regarding the conviction of a banker and financial adviser after more than £1.4 million was...

HMRC Attack on Discounted Gift Scheme SucceedsFebruary 20, 2012

So-called ‘discounted gift schemes’ have been used in Inheritance Tax (IHT) planning for many years. The basic idea behind them is that a gift is...

HMRC Attack on Discounted Gift Scheme SucceedsFebruary 20, 2012

So-called ‘discounted gift schemes’ have been used in Inheritance Tax (IHT) planning for many years. The basic idea behind them is that a gift is...

Mental Capacity Code of PracticeDecember 19, 2007

In April 2007 the Department of Health introduced a new Mental Capacity Advocate service. At the same time, a new code of practice was introduced...

Mental Capacity Code of PracticeDecember 19, 2007

In April 2007 the Department of Health introduced a new Mental Capacity Advocate service. At the same time, a new code of practice was introduced...