Bespoke - for private clients
Thursday, August 16, 2012 | Posted by: Francesca Lagerberg
Categories:
Personal
| Tags: Francesca Lagerberg,
income tax,
tax relief,
Budget 2012,
donations,
budget2012,
income tax relief cap,
cap,
income tax liability,
tax losses,
cap on reliefs,
business losses,
loss
The charitable sector has been successful in its campaign to keep unlimited tax relief for charitable giving. So, who will be affected by the proposed income tax relief cap? Following the release of the consultation document, it has become clear that the cap won’t just affect wealthy individuals but may be unfavourable for small-business owners, too.
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Tuesday, May 01, 2012 | Posted by: Mike Hyland
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
capital gains tax,
inheritance tax,
CGT,
IHT,
tax avoidance,
George Osborne,
Mike Hyland,
non-dom,
minimise,
non-domicile,
stamp duty land tax,
Budget 2012,
avoidance,
non-doms,
SDLT,
residential property,
non-natural person,
property development,
property investment
Buyers and owners of high-value residential property are the latest group to be chased for potential tax avoidance. Chancellor George Osborne believes they are avoiding taxes too readily and announced a raft of changes aimed at extracting tax in the recent Budget. Find out if you’re affected, and by how much, below
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Tuesday, April 24, 2012 | Posted by: Chris Tysoe
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
income tax,
budget,
charity,
tax relief,
philanthropy,
Budget 2012,
donations,
Chris Tysoe,
mansion tax,
income tax relief cap,
cap,
income tax liability,
restricting,
tycoon tax,
minimising
Organising your tax affairs in order to reduce your income tax liability may soon be curbed, in line with Government proposals to restrict income tax relief. But the proposed ‘tycoon tax’ is also causing a great deal of friction, as generous charitable donations by wealthy philanthropists look set to fall out of favour for tax planning (see Update on this at the end of the post). And they’re not the only ones adversely affected…
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Friday, March 23, 2012 | Posted by: Fiona Cullinan
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax avoidance,
budget,
GAAR,
residence,
personal allowance,
Budget 2012,
budget2012,
non-doms,
Craig Kemsley,
pension tax relief,
50% tax
How will UK Budget 2012 affect high earners and entrepreneurs? Craig Kemsley, Head of London Private Client at Grant Thornton, gives a summary – watch the video or continue reading for a text roundup of the main points.
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