The introduction of the new Lifetime Individual Savings Account (LISA) next year is aimed at helping young people save flexibly for the long term throughout their lives, and simultaneously enabling them …
A shake-up of the stamp duty rules took effect on 1 April 2016 in relation to anyone owning more than one residential property – this will affect those buyers funding the purchase of …
Planning your finances in advance should help you ensure that when you die, everything you own goes where you want it to. Making a will is the first step in ensuring that your estate is shared …
Reducing an Inheritance Tax – it’s good to give
A new rule began on 6 April 2012 that reduces the amount of Inheritance Tax due on an estate if at least 10% of the taxable amount is given to a …
Assets that pass on free of Inheritance Tax
Inheritance Tax reliefs allow some assets to be passed on free of Inheritance Tax or with a reduced bill.
The executor of a will or administrator of an estate should claim the …