New tax year changes for 2019 – how will they affect me?
On the 6th April 2019 we moved into the new 2019/2020 tax year. Every year we see changes to thresholds and rates and this tax…
Inheritance Tax
How to quickly and easily calculate inheritance tax
What is inheritance tax and how does it work? In the UK there has been some form of inheritance tax (formerly known as death duty…
Can I use the Inheritance Act to claim for lack of dependant provision?
Generally speaking we are free to dispose of our assets as we see fit when we die, however, the law does provide provision for people…
Who pays inheritance tax?
Inheritance tax is paid if a deceased’s estate is worth over £325,000 at the time of death. The figure of £325,000 is known as the…
The cheapest way to update a Will or create a new one
Cheapest way to update a will It is recommended that if you have written a will then you should review your will every 5 years….
New Inheritance tax rules explained
Inheritance tax changes – Budget 2015 In the Emergency Budget 2015 George Osborne announced changes to the inheritance tax (IHT) rules including a new inheritance…
Inheritance tax explained
Inheritance tax explained Inheritance tax (IHT) is paid if a deceased person’s total estate and certain gifts are worth more than £325,000 when they die….
Emergency Budget 2015 – Inheritance tax changes announced
Emergency Budget 2015 – Inheritance tax changes announced Changes to the inheritance tax (IHT) rules were announced in the Emergency Budget on July 8th 2015….
How to avoid inheritance tax (IHT)
How to avoid inheritance tax (IHT) Benjamin Franklin once penned the phrase ‘Nothing is certain but death and taxes’ and there is one tax that…
My parents have gifted me some money – what are the tax implications?
Reader Question: What are the tax implications of a gift from my parents Hi Damien Love your podcast and website, question for you. I’ve been…
