Doesn’t everything pass tax-free to your spouse when you die? If so, making a will won’t make any difference to your estate. However, there is a hidden tax charge than can be avoided by using a will.
What’s involved?
Published 25.04.2007
Directors who have taken out life assurance to financially protect their fellow shareholders in the event of their early death might inadvertently have lumbered themselves with a tax bill. What steps
can you take to avoid this trap?
Published 26.10.2012
A recent case has highlighted the potential cost of Inheritance Tax (IHT). What can you do to avoid this tax on the shares in your company?
Published 18.06.2008
The usual advice is that potential inheritance tax (IHT) payable on gifts starts reducing (tapering) once three years have elapsed, and after seven the gift is IHT free. However, the three-year
deadline is often an illusion. Why?
Published 27.06.2023
Life insurance where your health doesn’t affect the premiums sounds too good to be true, yet sales of this type of policy now outnumber traditional policies. They’re easy to buy online or even from a
supermarket, but are they right for you?
Published 18.01.2011
15 years ago the inheritance tax nil rate band was made transferable. This doubled the tax-free amount for many estates. With a little planning some estates could do even better. Might yours be
one of these?
Published 14.06.2022
The death of a director can cause a financial hiatus for a company and all sorts of trouble for their colleagues. Your company has Keyman insurance for just this scenario, but is there a more
tax-efficient alternative?
Published 31.03.2011
A life assurance policy can provide essential protection for family, home and business. But even when something has been put in place, most of us ignore the simple steps needed to ensure a timely and
tax-free payment. What’s to learn?
Published 12.03.2008
A friend says that on advice from his accountant he transferred most of his personal investments into his company to protect him from inheritance tax (IHT). Is this a potential tax-saving scheme
worth considering?
Published 17.01.2014