With divorce rates reaching peak season in January, a new study by Investec Wealth & Investment reveals that one in three (30%) parents are unwilling to provide financial help (more…)
Posts Tagged ‘iht’
IHT ‘taper relief’ projected to be worth £35million this year, up from £25million in 2012/13
Investment in SMEs continues to climb as more private investors attracted by Inheritance Tax reliefsMonday, August 10th, 2015
Taxpayers are expected to reduce their Inheritance Tax bills by a record £565m this year by investing in unlisted companies*, according to Radius Equity, the provider of tax efficient private equity investments. (more…)
“Shocking and outrageous,” is how the boss of one of the world’s largest independent financial advisory organisations describes plans being considered by the government for people to pay inheritance tax (IHT) whilst they are still alive. (more…)
House prices are on the rise and while it may mean a better return on investment for some, millions of prospective (more…)
David Cameron’s vow to revive the promise to raise the inheritance tax (IHT) threshold to £1m has been hailed as a “vote-winning vow,” by the boss of one of the world’s largest independent financial advisory organisations, because IHT is deemed “the most hated of all taxes.” (more…)
Comment on the effect of the budget on those who borrow to acquire assets by Mark Giddens, Partner of UHY Hacker Young.
Under the heading “Inheritance tax: limiting the deduction for liabilities”, the Chancellor has announced a number of measures that apparently “will only affect individuals entering into avoidance schemes involving debts to artificially reduce the value of an estate”. (more…)
I was looking at the best methods of mitigating Inheritance Tax (IHT) immediately. My father is elderly but although he is in reasonable health I have just found out that his wealth will disappear as we will pay 40% tax (Â£212,000 to be exact) on everything he has over Â£325,000.
There are a number of options to consider (more…)