Tax-free Valentines day gifts?

In the UK, we spend almost £1 billion per year on Valentine’s gifts. Fortunately for the lovebirds out there, you can take advantage of some tax free valentines day gifts! Any gifts to your spouse or civil partner are completely exempt from inheritance tax (IHT), so there is no need to hold back on showing your other half how […]

Tax relief for married couples

What’s love got to do with it?   According to a survey of 4,000 brides carried out last year, the average cost of a UK wedding is now a whopping £27,161 the highest it’s ever been and up 9.6 percent from last year. So are there any tax benefits to be had by saying ‘I […]

Using your business to retire

Have you considered using your business as a retirement vehicle? Whether planning to sell your business to a third party or gifting it to the next generation, devising a structured plan long before exit can reap benefits now as well as later. New pension freedoms mean a pension pot can not only benefit you, but also your family and […]

Finance Bill Update

Along with yesterday’s announcement that the implementation date for Making Tax Digital has been pushed back, H M Treasury also acknowledged that the uncertainty following the removal of the majority of clauses from the Finance Act 2017 to enable the Bill to be passed through Parliament before the snap election in June, is causing difficulty […]

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