In the summer 2015 Budget, the UK government began to implement a series of reforms targeting landlords and, in particular, the buy-to-let market. These new measures have made significant changes to how landlords report their income and calculate their tax payments. Two years into their introduction, it’s...
When you put money or property in a trust, provided certain conditions are satisfied, you don’t own it any more. This means it might not count towards your Inheritance Tax bill when you die. This guide explains the ins and outs of using a trust...
Inheritance Tax (IHT) is a tax on your estate when you die, and is also sometimes payable on Trusts or gifts made during your lifetime. This includes the total of everything you own and a share of anything you own jointly. Your 'estate' is basically the...