Bespoke - for private clients
Tuesday, January 24, 2012 | Posted by: Naomi Smith
Categories:
Personal,
Protecting your wealth
| Tags: tax,
HMRC,
penalties,
liability,
Naomi Smith,
deadline,
fines,
penalty,
unpaid tax,
charges,
January 31,
late filing,
tax return,
reasonable excuse,
loophole
The 31 January tax return filing deadline is fast approaching but many taxpayers are blissfully unaware of HMRC’s new penalties for late filing and could be in for a nasty surprise.
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Tuesday, August 09, 2011 | Posted by: Naomi Smith
Categories:
Business,
Protecting your wealth
| Tags: business,
tax,
property,
inheritance tax,
IHT,
relief,
liability,
Naomi Smith,
estate planning,
value,
APR,
farming,
IHT planning,
agriculture,
exemption,
farms,
agricultural property relief,
leasing
Agricultural property relief doesn’t always offer farmers and farmhouse owners an exemption from inheritance tax (IHT). Here, for example, are two scenarios that may trigger a crippling final IHT bill for the unsuspecting. Read on to make sure you don’t have to sell the family farm…
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Friday, August 05, 2011 | Posted by: Stuart Maggs
Categories:
Protecting your wealth
| Tags: tax,
tax planning,
property,
compliance,
liability,
inheritance,
Stuart Maggs,
rental,
real estate,
foreign property ownership,
foreign assets,
France,
SCI,
tax structures,
holiday home,
forced heirship,
French,
wealth tax
If an Englishman’s home is his castle, then his holiday home may well be a chateau in France. But a recent U-turn on taxing foreign property owners, strict inheritance rules and the challenge of complying with both French and UK tax laws can taint the dream. What are the issues and what can you do to minimise them?
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Tuesday, July 26, 2011 | Posted by: Naomi Smith
Categories:
Business,
Protecting your wealth
| Tags: business,
tax,
property,
inheritance tax,
IHT,
relief,
liability,
Naomi Smith,
estate planning,
BPR,
Business Property Relief,
commercial property,
IHT planning,
exemtpion
The lesser-known pitfalls surrounding business property relief may leave your business at risk of a very large and unexpected inheritance tax bill. Let the horror stories of Mr Wealthy and Ms Success be a lesson to those who think they are exempt from death and taxes…
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Thursday, November 19, 2009 | Posted by: Richard Jameson
Categories:
Protecting your wealth
| Tags: Richard Jameson,
NIC,
retirement,
tax relief,
liability,
final salary scheme,
pension,
Turner Report,
private pension
The UK’s looming pensions calamity came to light in 2005 when Adair Turner of the Pensions Commission (now chairman of the Financial Services Authority) released the
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