Inheritance Tax Interest Rate Increases
Filed in: Tax |Economy |Estate Planning
09 January 2023
HMRC has announced that interest on overdue Inheritance Tax (IHT) payments has doubled to 6% from January 2023
Filed in: Tax |Economy |Estate Planning
09 January 2023
HMRC has announced that interest on overdue Inheritance Tax (IHT) payments has doubled to 6% from January 2023
Filed in: Tax |Estate Planning |Investment |Savings
08 October 2018
Britain’s so-called “requirement to correct” (RTC) legislation came into force on 30 September 2018.The new law requires taxpayers to declare any foreign assets that could affect their UK income tax, capital gains tax or inheritance tax.
Filed in: Estate Planning
14 February 2018
What will happen to your Facebook account when you die? What about all your photos shared on social media, your texts with loved ones, or documents on cloud-storage systems?
Filed in: Estate Planning
15 November 2017
"Do you have a will, and is it up-to-date?" - without a relevant Will, it is difficult to plan clearly for life’s later events; and not even life’s self-confessed singletons are immune from such considerations.
Filed in: Tax |Estate Planning
19 July 2017
British expats still have some crucial misunderstandings about domicile status and tax positions that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin at Old Mutual Wealth.
Filed in: Estate Planning |Tax
01 February 2016
According to the Office for Budget Responsibility (OBR) the number of UK families paying IHT on death has reached a 35 year high. The main driver of this is the surge in UK house prices.