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Tax facts to consider on divorce or separation

Tuesday, June 07, 2011 | Posted by: Naomi Smith
Categories: Personal, Protecting your wealth | Tags: tax, tax planning, property, capital gains tax, inheritance tax, CGT, IHT, divorce, transfer, marriage, partnership, exemptions, Naomi Smith, shares, spouse, transferable allowances, marriage and tax, civil partner

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It may sound harsh but if you’re going to leave your marriage then it’s best to split on 6 April for optimum tax savings and to give you more time to sort out the financial arrangements. Naomi Smith, Tax Manager at Grant Thornton, follows up her post on a dozen tax reasons to get married with some tax-saving facts for those planning a separation.

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A dozen tax reasons to get married

Tuesday, April 26, 2011 | Posted by: Naomi Smith
Categories: Personal, Protecting your wealth | Tags: tax, property, capital gains tax, inheritance tax, CGT, income tax, pensions, IHT, retirement, transfer, marriage, partnership, Naomi Smith, shares, assets, personal allowance, spouse, transferable allowances, advantages, Married Couple’s Allowance

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Marriage isn’t just for romantics. There are all sorts of financial gains, tax reliefs, benefits, exemptions and other advantages to be had when you sign on the dotted line.

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Tax agents, tax authorities and the secrets of the wealthy

Wednesday, September 23, 2009 | Posted by: Richard Jameson
Categories: Protecting your wealth | Tags: HMRC, Richard Jameson, tax avoidance, transfer, distribution, HNWIs, high net worth unit, family wealth, high net worth individual, settlement, Large Business Service, Organisation for Economic Co-operation and Development, real-time information, Protect your wealth

A recent drive to improve working with agents shows, among other things, that HM Revenue and Customs (HMRC) wants to move to ‘real-time’ information on the top 5,000 high net worth individuals. What does this mean for the UK’s richest taxpayers?

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