Tax and Financial Planning News

Charitable Principle Not EnoughDecember 16, 2016

It seems trite to say that the law is what the law is, but in cases where a decision is reached that is correct under...

Will Your Property Be an IHT Trap?December 2, 2016

Data published recently show that the new £100,000 additional 'private residence' exemption for Inheritance Tax (IHT), which is due to be introduced in April 2017...

Will Your Property Be an IHT Trap?December 2, 2016

Data published recently show that the new £100,000 additional 'private residence' exemption for Inheritance Tax (IHT), which is due to be introduced in April 2017...

Tax Avoidance Schemes – Take CareNovember 17, 2016

Entering into tax avoidance schemes is not for the faint-hearted and, once embarked upon, they can be very difficult to leave. In one case, participants...

Tax Avoidance Schemes – Take CareNovember 17, 2016

Entering into tax avoidance schemes is not for the faint-hearted and, once embarked upon, they can be very difficult to leave. In one case, participants...

When is a Loss Not a Loss?November 4, 2016

Capital Gains Tax (CGT) is a complex tax, but the guiding principle is straightforward. It taxes gains on the disposal of non-trading assets. For a...

When is a Loss Not a Loss?November 4, 2016

Capital Gains Tax (CGT) is a complex tax, but the guiding principle is straightforward. It taxes gains on the disposal of non-trading assets. For a...

IHT – Don’t Forget Annual ReliefsOctober 13, 2016

Inheritance Tax (IHT) is an increasingly significant problem for many people, but it is also sometimes described as a 'voluntary tax' because it is a...

IHT – Don’t Forget Annual ReliefsOctober 13, 2016

Inheritance Tax (IHT) is an increasingly significant problem for many people, but it is also sometimes described as a 'voluntary tax' because it is a...

Proper Planning Must Be ComprehensiveSeptember 29, 2016

Many wills involve a degree of planning for Inheritance Tax (IHT) as well as just the appropriate division of the estate, but for any plan...