Capital Gains Tax – What is changing?
17 February 2020
There are major changes to Capital Gains Tax (CGT) reporting requirements on the disposal of residential property which come into play on 6 April 2020.
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The APPG’s Proposals on the reform of Inheritance Tax
05 February 2020
The All-Party Parliamentary Group on Inheritance and Intergenerational Fairness (“APPG”) recently released a report setting out proposals for a substantial reform of the current inheritance tax (“IHT”) regime. This follows on from their initial recommendation paper in May 2019 and the Office of Tax Simplification’s (OTS) report into inheritance tax.
If your spouse dies or loses capacity, will you wish they had put their legal affairs in better order?
28 January 2020
26th January was Spouse’s Day (don’t worry, I missed it too). This unofficial holiday is designed to encourage people to let their spouses* know how much they are loved, respected and appreciated. I am sure you didn’t start reading this blog for relationship advice but my top tip would be to do this more than once a year if you want to stay out of the divorce court. But that’s by the by.
The Importance of putting a Power of Attorney in place
22 January 2020
At the start of a new year, many of us consider what we wish to achieve during the year ahead. This often includes decisions regarding our financial and personal affairs, such as purchasing a house, investing our money, visiting new places or gifting to our family.
To gift, or not to gift – that is the question
20 December 2019
As we approach the festive season, giving and what to buy for family and friends is uppermost in our minds. Planning that special gift and picturing the recipient’s face light up with delight is all part of the fun - well, for some of us it is. However, are there other benefits to being more generous this year and in future years?
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