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NEWS AND INSIGHTS

Woodland.

Tax relief on woodland

11 July 2022
Many farms and estates contain areas of woodland, but what tax reliefs are available in respect of woodland? Elisabeth Gubb discusses the potential reliefs and the information HMRC is likely to request.
Can your executors charge fees for administering your estate?

Can your executors charge fees for administering your estate?

19 April 2022
Acting as an executor or trustee can be burdensome both in terms of the many decisions that have to be taken and the time that is spent. So can all executors charge for their time?
Holiday home.

Holiday Homes and Inheritance Tax planning

19 April 2022
Making a gift of a holiday home can be an effective way to reduce your inheritance tax bill but there are many issues to consider both from a practical and tax point of view.
Registering and managing a trust.

Registering and managing a trust – do the new rules apply to you?

19 April 2022
The new rules about registering trusts are much wider than you may think and if your trust gives rise to a tax liability there are new ongoing online management tasks to complete.
Pound coins

Comment on the Spring Statement: repositioning Rishi

23 March 2022
Rishi Sunak gave his Spring Statement on 23 March 2022. It felt like there was a fair amount of sleight of hand aimed at repositioning the Chancellor as a champion of traditional Conservative tax-cuts, following a period of significant tax increases responding to the COVID-19 pandemic.
Window of opportunity for business owners.

Business Property Relief: A window of opportunity for business owners considering a business sale

10 December 2021
Most successful business owners are, understandably, focused on running and growing their business, but this often comes at the expense of putting effective estate planning measures in place. This can prove costly in tax terms, particularly so in the case of a sale.

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