The second Budget of 2020 could mark the start of a round of tax increases.
ONS are forecasting that around 19% of all newborn girls (and 14% of all newborn boys) will become centenarians. We’re calling this lucky, long-living group Generation Centenarian.
A Relevant Life Policy is a tax-efficient alternative to a “death in service” benefit that allows a company to provide and pay for life insurance for key employees.
Younger family members are increasingly supported by generous grandparents, but intergenerational gifting needs to take potential benefits, and pitfalls, into account.