Inheritance tax planning

Every scam begins with a belief

Scams are becoming more prevalent as criminals create even more inventive ways to defraud people of their money.

A particular area of concern relates to HMRC (Her Majesty’s Revenue & Customs) where tax scams are on the rise. The main aim of these scams is to steal money from your bank

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Year-end tax planning

 

The 5 April 2019 deadline for the current financial year-end is fast approaching. Here are a few tips from Harmit on things you may still be able to do:

 

 

Charitable donations
Tax relief is available for cash gifts to UK charities via the Gift Aid scheme.  So if you’re a 45% taxpayer

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Deborah’s Digest

There have been a number of articles in the media recently about pension and tax issues.

Here’s what’s been reported, along with our Deborah’s take on them:

 

 

Use pensions to beat inheritance tax
Pensions can help you avoid inheritance tax bills, says the Mail. If you have a defined contribution pension plan, its

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Autumn round-up

This month – are you a net contributor to the state system? who takes the most out (and who pays the most in?);  capping energy bills and increasing rental income.

 

Rental cost soars
The amount of rent paid on residential properties in the year to June was £54 billion, says the Financial Times, having

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Owing tax in UK on money or assets abroad

In the last couple of years, HM Revenue & Customs (HMRC) has been getting more and more access to financial information about people’s overseas accounts and investments. This is thanks to agreements to increase global tax transparency and covers more than 100 jurisdictions worldwide.

 

HMRC therefore has unprecedented levels of information to

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Summer round-up

Childcare, property news, waiting longer for the State pension, student debt, care worries, losing out by not seeking help, fixing mortgage repayments, charitable donations on the up, and we’re not living as long as we thought we might!

All here – and more – in our Summer news round-up.

 

Summer childcare costs rise
The

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