Inheritance Tax Planning After Death

Inheritance Tax Planning After Death

Is it too late for Inheritance Tax planning after death? The now famous quote from Benjamin Franklin that there are only two certain things in life: death and taxes still holds true. As tax advisors, we are often in a situation where we have to deal with both at the...
Private Residence Relief Changes

Private Residence Relief Changes

Private Residence Relief is changing from April 2020. Richard Coombs explains the changes and the implications for Capital Gains Tax. “As a further squeeze on taxpayers, HMRC have recently announced a further tightening on the Private Residence Relief (PRR),...
Qualify for Entrepreneurs’ Relief – Plan Ahead

Qualify for Entrepreneurs’ Relief – Plan Ahead

If you hope to qualify for Entrepreneurs’ Relief, it is vital that you plan ahead according to Cassandra Graham, part of the tax team at Bates Weston. Cassandra  has been looking at HMRC’s 2017-2018 statistics for Capital Gains Tax and one of the bullet...