Tax - Inheritance tax

Recently added Tips & Advice

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?
Read more

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?
Read more

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 There are conditions and the allowance is withdrawn for larger estates.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?
Read more

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?
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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?
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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?
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Tax - Inheritance tax

Most read Tips & Advice

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?
Read more

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?
Read more

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?
Read more

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