Tag Archives: Inheritance tax

Inheritance Tax Mitigation

Sadly, in the light of the current COVID-19 crisis, it has become even more important to consider inheritance tax mitigation strategies. Indeed, why work hard all your life to see your beneficiaries only receive 60% of your wealth and HMRC … Continue reading

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Taxing inherited pensions

Amid all the talk of Panama papers and offshore tax havens, it can be easy to lose sight of the fact that when it comes to taxation there are some things which should be taxed and some which shouldn’t. Understanding … Continue reading

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Charity Bequests

If you have ever considered leaving money to charity in your will then you are not alone. New research by Smee & Ford has revealed that some 15% of wills include a charitable bequest and that this figure is on … Continue reading

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Balancing charity giving with bequests

One of the “surprises” of the 2011 Budget was the announcement that the Government intended to reward those who leave money to charity after their death. Effectively the Inheritance Tax Charitable Relief scheme allowed those leaving 10% of their estate … Continue reading

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Calculating an Inheritance

The recent HMRC investigations into small business tax, including that of plumbers and restaurants, have received fairly wide publicity. However, according to accountancy firm UHY Hacker Young, there is another area which HMRC have been quietly spotlighting over the past … Continue reading

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