Family Investment Company (FIC) offers a tax efficient way to retain control over assets and still pass them on to the next generation. By providing a degree of flexibility they can be ‘fine-tuned’ to a family’s particular circumstances or requirements e.g. by drafting the company’s articles in such a way as to prevent the transfer […]
Use Of A Family Investment Company Read More »
The Oxford English Dictionary defines the word ‘normal gifts’ to mean ‘conforming to a standard; usual, typical, or expected’. A minor, often misunderstood inheritance tax (IHT) gift exemption uses this definition of ‘normal’ whereby payments made (however large) are deemed to be inheritance tax-exempt transfers. To succeed, it needs to be shown that the payment
‘Normal Gifts Out Of Income’ Read More »
March 2021 brings many long nights to think about next career paths, earning options, future. We have been trying to come up with some fresh bright ideas into these dull days. Today we would like to speak about business opportunity for those who have been seeking for some new self-employment opportunity for a while. This
March Business Idea – Comes With ACCA PER Supervising If Needed Read More »
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Renovating Holiday Let During Lockdown Read More »
In July last year, the Government announced a temporary increase in the residential stamp duty land tax (SDLT) threshold to £500,000. The higher threshold applies where completion takes place between 8 July 2020 and 31 March 2021. From 1 April 2021, the threshold will revert to £125,000, with a higher threshold of £300,000 applying to
Deadline To Benefit From Increased Stamp Duty Land Tax Threshold Approaching Read More »
