Gift Aid Gift Aid is the main vehicle for tax-efficient giving to charities. It applies to any donation whether large or small, regular or one-off. Simply by confirming that they are taxpayers, donors can ensure that their chosen charities can reclaim the basic rate...
What are your planning objectives? Key financial planning goals include: Making the most of your tax-free allowances Keeping your marginal tax rates as low as possible Maintaining a spread between your income and capital. Remember that all tax planning must: Save tax...
In the 2018 Autumn Budget, the Chancellor announced some changes to the Entrepreneurs’ Relief rules, which would have affected companies with alphabet shares or different classes of shares. However, following consultation with professional bodies, the Government have...
4 Options Available: Giving a gift of cash Buying a property together Setting up a trust Buying through a company Giving a Gift of Cash You can make a gift to your child which if unconditional, is free from tax at the point of transfer. This will allow your child to...
Tax planning is a year-round activity – and a very important part of your overall financial strategy. With good professional advice and judicious planning, you may be able to achieve considerable gains and savings. However, your tax planning must fit in with,...
It is an unfortunate fact of modern life that many marriages do not survive. When separation, divorce or dissolution occurs, there will almost inevitably be some tax consequences. Allowances The married couple’s allowance is only available to couples in which at...
