Search

Reset
Displaying 10 of 67 results
Changes in inheritance tax laws encourage charitable giving

31 May 2017

Back in the March 2011 Budget, the Chancellor announced a cut in the rate of inheritance tax (IHT) for those leaving at least 10 per cent of their estate to a charity. Since then, statistics show there has been a sharp increase in the amount of charitable donations left in wills with an accompanying rise in the tax relief granted, suggesting that the policy is working as intended. Sadly though, there also seems to have been an increase in family members challenging wills where the family feel they have been disadvantaged as a result of the charitable bequests.

Who really bears the burden of tax?

03 May 2017

A recent House of Commons Briefing Paper on Stamp duty land tax (SDLT) on residential property includes some interesting statistics, prompting us to consider the question – who really bears the burden of tax?

Individual taxation and fairness

18 April 2017

As we know, the Chancellor was forced into an embarrassing U-turn only a week later on the basis that the 2015 Conservative Party election manifesto had promised no increase in NIC (or VAT or income tax) rates: it is perhaps strange that no advisers pointed this out to Mr Hammond before he made his Budget speech.

How can non-doms plan effectively without legislative certainty?

29 March 2017

We are about to see the most significant changes to the tax rules for non-domiciled individuals since their introduction many decades ago. However, those affected are unable to plan effectively as the relevant legislation has yet to be passed.

Are you ready for the tax year end?

17 March 2017

As the end of the tax year approaches, what claims and elections should you consider?

Do inheritance tax changes mean I should change my will?

14 March 2017

Some changes in inheritance tax law can affect your will. On 6 April 2017 the first tranche of the Residential Nil Rate Band (RNRB) of £100,000 will be introduced, with further increases up to a maximum of £175,000 by 6 April 2020. The conditions to qualify for the RNRB are such that careful Will drafting is required.

Farewell dividend allowance 

08 March 2017

Not quite goodbye to the dividend allowance but is it the beginning of the end?

Unlock pension pot to seek advice

15 February 2017

The pension landscape is constantly changing and navigating the best option to support retirement plans can be tricky, but will the new scheme from the Government help individuals seek the advice they need?

Private landlords should not sleep-walk into new tax rules

09 February 2017

The tax rules regarding buy-to-let property have long been complex. However things are about to become even more difficult for individuals who are landlords of residential property.

Urgent non-dom changes from 5 April 2017
Karen Clark

Non-doms, from 5 April 2017, who are residents in the UK for 15 out of the last 20 years, will no longer be able to access the remittance basis of taxation.

Pages