Year-End Tax Planning and Inheritance Tax: What you should know?
You are entitled to give away an Inheritance Tax-free gift of £3000 annually. Such gifts are dubbed by HMRC as ‘exempted gifts’. If you have not used annual exemption in…
You are entitled to give away an Inheritance Tax-free gift of £3000 annually. Such gifts are dubbed by HMRC as ‘exempted gifts’. If you have not used annual exemption in…
Basic rate taxpayers are entitled to a personal savings allowance of as much as £1,000 of tax-free allowance. For higher rate taxpayers, the same stands at £500. For those paying…