Bespoke - for private clients
Wednesday, August 17, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
entrepreneurs,
HMRC,
offshore,
income tax,
government,
Dave Jennings,
tax avoidance,
budget,
disclosure,
investigation,
penalties,
income,
relief,
Liechtenstein Disclosure Facility,
Liechtenstein,
amnesty
The plumbers amnesty (Plumber’s Tax Safe Plan or PTSP) that HM Revenue & Customs (HMRC) launched in March, was criticised as being a ‘damp squib’ at the time after a low take-up with many plumbers unconvinced that HMRC had any information about any undisclosed earnings. HMRC has hit back with news that it has arrested five plumbers on suspicion of tax evasion.
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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,
value,
estate planning,
IHT planning,
APR,
farming,
exemption,
agriculture,
agricultural property relief,
farms,
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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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,
commercial property,
BPR,
Business Property Relief,
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, April 07, 2011 | Posted by: Stuart Maggs
Categories:
Personal,
Protecting your wealth
| Tags: business,
tax,
entrepreneurs,
budget,
relief,
budget2011,
disposal,
Entrepreneurs' Relief,
selling
Last month, I wrote about the
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Wednesday, April 06, 2011 | Posted by: Fiona Cullinan
Categories:
Business,
Protecting your wealth
| Tags: tax,
Francesca Lagerberg,
capital gains tax,
CGT,
income tax,
HNWI,
pensions,
budget,
NIC,
relief,
2011,
national insurance contributions,
allowances,
reliefs,
Enterprise Investment Schemes,
childcare,
ISAs,
new tax year,
Entrepreneurs’ Relief,
exemptions
Here’s quick refresher of tax changes that kick in from today (6 April 2011), by Grant Thornton’s Head of Tax, Francesca Lagerberg, who says that it will be high net worth individuals (HNWIs) who have more to feel down about overall, including limits on how much they can save in their pension funds.
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Tuesday, March 15, 2011 | Posted by: Francesca Lagerberg
Categories:
Business,
Personal,
Protecting your wealth
| Tags: tax,
property,
pensions,
tax avoidance,
budget,
relief,
planning,
stamp duty,
deficit,
GAAR,
non-dom,
residence,
Office for Tax Simplification,
predictions,
non-domicile,
PPR,
private residence relief,
personal allowance,
stamp duty land tax
What lies in store for high net worth individuals (HNWIs) and high earners in the UK in next week’s Budget? Francesca Lagerberg, Grant Thornton’s Head of Tax, makes some predictions…
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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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Friday, December 10, 2010 | Posted by: Fiona Cullinan
Categories:
Business,
Day in the life,
Personal,
Protecting your wealth
| Tags: tax,
entrepreneurs,
links,
HNWIs,
capital gains tax,
CGT,
technology,
Bespoke,
magazine,
James Caan,
relief,
will,
investments,
fraud
There’s a flavour of Victorian adventure, melodrama and high-level swindling in our latest issue of Bespoke magazine – Grant Thornton’s twice-yearly magazine for the HNW community. It’s also available to download (see below) so here’s a preview of what’s inside, including practical financial insights, riveting reads and tales of the good life.
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Tuesday, June 22, 2010 | Posted by: Richard Jameson
Categories:
Business
| Tags: entrepreneurs,
economy,
capital gains tax,
CGT,
income tax,
Richard Jameson,
VAT,
budget,
relief,
George Osborne,
deficit,
budget2010,
NICs,
personal allowance
Tax hikes announced with more spending cuts and blood-letting to follow in the autumn – that’s how Chancellor George Osborne’s intends to balance the books with today’s Emergency Budget. But what didn’t he mention?
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