Should you give your children their inheritance now or wait until you pass away? This is one of the most common questions we receive from clients considering how best to pass on their wealth. Whilst lifetime gifting can offer significant Inheritance Tax advantages, retaining assets through your Will may provide greater financial security and control…. Read more »
Managing wealth across businesses, properties, investments and family members can become increasingly complex, particularly when different professional advisers are involved. Whilst each adviser may provide valuable guidance, the absence of a coordinated approach can create significant tax liabilities and succession planning risks. A comprehensive family tax review can help identify these issues, protect assets and… Read more »
The latest Autumn Budget has brought important changes for business owners considering an electric company car. While electric vehicles continue to offer significant tax advantages over petrol and hybrid alternatives, some of these benefits are becoming less generous. With a valuable Corporation Tax allowance due to expire next year, businesses may need to act sooner… Read more »
Chancellor John Healey delivered his first Budget on Wednesday 28 October 2026, the first under Prime Minister Andy Burnham. Described by the Chancellor as a Budget built on fiscal discipline, it kept Labour’s manifesto promise not to raise the rates of Income Tax, employee National Insurance or VAT. However, landlords, savers and business owners will… Read more »
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 holiday lettings, failing to meet your tax obligations can have serious financial consequences. With HMRC’s… Read more »
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 planning requires a balance between tax efficiency, financial security and ensuring your wealth reaches the… Read more »
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 overlooked rental income on your tax return, HMRC’s Let Property Campaign provides an opportunity to… Read more »
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 when they die. In most cases, it does not work like that. Your pension is… Read more »
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 of the most important of these foundations is a valid and up to date will…. Read more »
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 within the scope of UK Inheritance Tax. That does not mean 40% is automatically payable… Read more »
