Lifetime Gifts and Inheritance tax
This blog covers the current rules for lifetime gifts, inheritance tax and the seven year rule.
Pensions and Inheritance Tax – the upcoming changes that you need to know about
Currently, defined contribution pensions, where you build up a pot of money to give you an income when you retire, wouldn’t normally be part of your taxable estate and there would be no inheritance tax to pay. The ‘estate’ simply means all the assets, like a house, investments or valuables, that someone owns when they…
What is Inheritance Tax?
Too many families are hit with an unexpected inheritance tax bill. By understanding what inheritance tax is and your options, you can plan to minimise or even avoid this tax on your death.
Your end of tax year financial health check: Five tax planning ideas to consider
We are now in the last three months of the tax year (tax years end on 5th April). Now’s the time to think of the financial planning that you might wish to carry out before that deadline. We have set out below five tax year-end financial planning ideas that you may wish to consider.
Frequently Asked Questions: Making a Will
If you are making a Will for the first time, you are likely to have plenty of questions. Here are some Frequently Asked Questions to help you prepare.