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Find out how to pay less tax with up to date Tax Tips and dozens of ways to reduce your tax bill.

Tax Tips  – News from HMRC – for Entrepreneurs & Individuals

 

HMRC is intensifying its efforts to identify landlords who have failed to declare rental income, with millions of pounds being recovered in unpaid tax each year. Whether you own a single buy-to-let property, inherited a property or receive income from

Passing your wealth to your children is not simply a question of reducing Inheritance Tax. Giving away assets without considering the wider implications could expose your family to unnecessary financial risks, including divorce, bankruptcy and loss of control. Effective estate

HMRC is increasingly scrutinising landlords who have failed to declare rental income, with potentially significant financial consequences for those who have not met their tax obligations. Whether you own a single rental property, have inherited a property or have simply

If you have a private pension, there is an important estate planning point that is easily missed. Many people assume that if their Will says their pension should pass to their spouse or children, that instruction will determine what happens

Inheritance Tax planning is often associated with trusts, lifetime gifts, company structures and other technical arrangements. However, before considering more complex strategies, it is important to ensure that the basic foundations of an estate plan are properly in place. One

Owning property in the UK can create an Inheritance Tax exposure even if you live permanently overseas and rarely visit the UK. The key point is simple. If you own property in the UK from abroad, that property can fall

This page is not intended to constitute tax advice. The information provided in these documents are based on our understanding of current tax law; however, we do not represent or warrant the accuracy of the information contained herein, and any information provided may be incomplete or condensed. Furthermore, the suggestions contained within this document are for discussion purposes only and should not be relied on. You should seek formal tax advice before proceeding with any of the suggestions contained in these documents.