Tax and Financial Planning Articles

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Tax and Financial Planning News

Interest on Missing Son’s Life Assurance TaxableJanuary 4, 2013

When a geologist went missing in Angola in 1998 and was never heard from again, he was presumed to have been killed. Eventually, four years after...

HMRC Gain From IHT ChallengesDecember 17, 2012

In 2011, HM Revenue and Customs (HMRC) challenged more than 10,000 Inheritance Tax (IHT) returns, according to accountants UHY Hacker Young. Each challenge yielded an...

HMRC Gain From IHT ChallengesDecember 17, 2012

In 2011, HM Revenue and Customs (HMRC) challenged more than 10,000 Inheritance Tax (IHT) returns, according to accountants UHY Hacker Young. Each challenge yielded an...

Private Residence Election Requires Factual BasisNovember 29, 2012

When a couple inherited a house from the deceased parent of one of them, they decided that they did not wish to retain it in...

Private Residence Election Requires Factual BasisNovember 29, 2012

When a couple inherited a house from the deceased parent of one of them, they decided that they did not wish to retain it in...

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