INHERITANCE TAX - 08.06.2020
Helping with family finances - is there a tax cost?
Your adult child is struggling with money and has come to you to for help. You’ve been paying some of their household bills until they get back on their feet. What tax consequences do you and your child need to consider?
REMUNERATION PLANNING - 28.05.2020
Is reducing your salary a tax trap?
Recent press reports warn directors and higher earners that if they reduce their salary to make donations to coronavirus charities HMRC will expect them to pay tax as if they were still receiving their full pay. Surely this can’t be correct?
INHERITANCE TAX - 21.05.2020
Residence nil rate band: maximising the relief
The residence nil rate band (RNRB) means married clients could benefit from a combined tax-free inheritance tax (IHT) allowance of £1 million. There are conditions and the allowance is withdrawn for larger estates. How can clients maximise their entitlement?
CORONAVIRUS - CAPITAL TAXES - 16.04.2020
How to use the stock market fall to your (tax) advantage
In March 2020 stock markets around the world crashed in response to coronavirus. Whilst most investors will understandably view this as bad news, it has created some tax planning opportunities. How can you take advantage?
INHERITANCE TAX - 20.02.2020
Tax planning with deeds of variation
A new client has recently inherited trading company shares from their spouse. They are asking about putting the shares into trust, as they have heard this could save inheritance tax. Are they correct, and is there alternative planning you could suggest?
BUSINESS PROPERTY RELIEF - 28.01.2020
Inheritance tax planning with holding companies
One of your clients owns a trading company which is about to make an investment into a joint venture. They have asked for your advice as to whether this could jeopardise business property relief. Is there an issue and, if so, what could you suggest?