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Posts Tagged ‘tax advice’

All About Inheritance Tax

Inheritance tax, or IHT, is a tax on an estate (property, money, and possessions) payable upon death. The value of your estate (the value of all your assets) will determine whether you or your beneficiaries will be required to pay it and how much will be due. Let’s look at inheritance tax.

Key Points from the 2021 Budget

Experts weren’t sure how much coronavirus relief would dictate the shape of the budget. But the Chancellor’s plan centres on measures that help businesses and and support jobs through the pandemic and using tax raises to help balance the books.

Budget Update: What to Expect from the Budget on 3 March

With just days to go before the next budget announcement, what can you expect from Chancellor of the Exchequer, Rishi Sunak’s plans for the nation on 3 March?

Save Tax! With Our Tax Year End Planning Checklist

With the 5th of April, the close of the tax year, less than three months away, now is the perfect time to ensure your finances are in order. Use our checklist to help you evaluate your tax strategies for both the current and upcoming tax years and manage your tax liability before the end of […]

5 Financial Musts for Medics in 2021

The professional life of a medic can be hectic and demanding. And in the midst of a global pandemic, unpredictable. Besides prioritising your work, you have to balance monetary demands. We’re here to help you strike the right balance and achieve peace of mind.

News Update: Waiting for your Annual Allowance Bill?

If you’re still waiting to be sent your Annual Allowance bill for 2019/20, unfortunately, you might not receive it at all. This means you’ll need to calculate it yourself to determine if you will have an annual allowance charge, and alert HMRC if you do. Here are things to keep in mind when dealing with […]

Aligning Your Finances for 2021 in a New Landscape

One thing we can all agree on this year is that 2020 is one for the record books. The coronavirus pandemic swept the globe and even with vaccines, the effects will be felt for a long time. While the government has tried to assist as much as they can, there’s no doubt that planning your […]

Tax update: Landlords Can Purchase Property Up to £500k for Just 3% SDLT

The Stamp Duty Land Tax Holiday has proved successful in sparking housing market activity over the last few months. And it’s not just your average home buyer that is benefitting from the temporary changes introduced by the scheme, even landlords are saving money while adding to their property portfolio.

Tax update: Capital Gains Tax Looking to be Overhauled

Capital gains tax (CGT), tax paid on the profit you make from the sale or disposal of an asset such as shares or property, should be reviewed and overhauled, according to some experts. What might change and how could you be affected?

Tax Update: Alternative Minimum Tax – What it Would Mean for UK taxpayers?

In an attempt to recoup funds sorely needed after the country was ravaged by coronavirus, the Chancellor is considering new ways to gain potential missing income from the UK’s top earners.

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