Bespoke - for private clients
Friday, January 14, 2011 | Posted by: Francesca Lagerberg
Categories:
Personal
| Tags: tax planning,
inheritance tax,
IHT,
relief,
trading,
exemptions,
estate planning,
BPR,
Business Property Relief,
estate management,
APR,
farming,
holding of investments,
Agricultural Property Relief
Inheritance tax (IHT) is increasingly becoming a major tax burden. Despite assurances in various election manifestos, little has been done by the new coalition government to alleviate this and with a black hole in the economy to fill, the prospect of a major reform seems increasingly unlikely. With this in mind, a recent case reached an interesting conclusion, which may be important for landowners to consider as the IHT savings could be significant.
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Wednesday, January 12, 2011 | Posted by: Francesca Lagerberg
Categories:
Personal
| Tags: tax,
HMRC,
sports,
2012 Olympics,
sports stars,
Andre Agassi,
Usain Bolt,
sports personalities,
2011 Champions League,
high rate earners 50%
HM Revenue & Customs (HMRC) has one of the most aggressive approaches to the taxation of overseas sports stars in the world. It can even lead to situations where competitors face suffering a UK tax liability in excess of what they could earn in appearance fees or prize money from the tournament. Therefore more and more sports stars are avoiding the UK for tax purposes, denying British fans from seeing their sporting heroes in person.
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Thursday, January 06, 2011 | Posted by: Gary Woods
Categories:
Business,
Personal,
Protecting your wealth
| Tags: business,
tax,
HMRC,
VAT,
Gary Woods,
aircraft,
residence,
jets,
flying,
planes,
sailing,
transport,
European Court of Justice,
Santa,
boat
If you’re thinking of trading in your boat or jet for a newer model in 2011, you may find the cost adds up to more than you think. As we’re still feeling festive, let’s take Santa and his sleigh for a ride through the new VAT rules.
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Thursday, January 06, 2011 | Posted by: Fiona Cullinan
Categories:
Business,
Personal,
Protecting your wealth
| Tags: tax,
entrepreneurs,
tax planning,
property,
inheritance tax,
CGT,
income tax,
Sue Knight,
pensions,
IHT,
income,
debt,
reduce,
pilot trusts,
minimise,
capital gains,
savings,
strategies,
personal
Don’t miss our excellent money-saving series from Sue Knight, Director, Tax. Here’s a roundup of her posts on strategies for reducing your income tax, capital gains tax and inheritance tax burdens.
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