With Halloween and Bonfire night over, Christmas is just around the corner. Adverts for the latest toys and must-have gadgets seem to be everywhere. But have you thought of making a gift to your children or grandchildren that has longer-term value? Instead of...
Major changes to inheritance tax (IHT) are proposed by the government’s Office of Tax Simplification (OTS) which could alter your estate planning. Inheritance tax is certainly complicated – especially for a tax that generates relatively little revenue. The OTS has...
The next step in changes to tax relief for landlords takes effect from 6 April 2019 If you have a mortgage on a buy to let residential property, from this April only 25% of the interest can be offset against your rental income, with the remaining 75% qualifying for a...
The tax year 2018/19 ended on Friday 5 April, which means it’s time to start planning for the new tax year Planning for the new tax year is now affected by the shift of the Budget schedule to autumn. The result is that changes announced in October, or in...
Life expectancy has stopped increasing, according to a report from the Office for National Statistics (ONS) issued in September, but we are still living longer than ever before. Between 2000 and 2010, average life expectancy at age 65 rose by 2.4 years for men and by...
