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A little known inheritance tax relief?

Bronwyn Prior
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When undertaking inheritance tax planning, most people are aware of the opportunity to gift money. If the donor survives 7 years from the date of the gift, the gift is not included in the inheritance tax calculation for the estate.  As we age, the...

School's out... The 31st July is almost here...

Marc Dorsett
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Do you make payments on account towards your tax bill?  If so, before packing your suitcase and heading to the airport, remember the deadline for paying the second instalment towards a 2016/17 tax bill is rapidly approaching. If you think that the...

Trust Registration

Marc Dorsett
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Individuals often create Trusts for a variety of reasons. Each time a new Trust is created it must be registered with HMRC who will then issue the Trustees with a Unique Taxpayer Reference. This will be needed when dealing with HMRC, including any required...

Are you making the most of the new Residence Nil-Rate Band?

Lisa Carter
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Introduced in April this year, the new Residence Nil-Rate Band (RNRB) could save your estate as much as £140,000 in inheritance tax (IHT) if you pass your family home to your children on your death.

Spring Budget Watch

Lisa Carter
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The first steps towards preparing the UK for a post-Brexit future were announced by Chancellor Philip Hammond in his Spring Budget, which avoided headline-grabbing shake-ups and tax breaks in favour of economic stability.