Seneca Partners’ new service helps clients avoid inheritance tax by funding SMEs
Author: by Chloe Barrow Wealthy individuals – or indeed all people – are understandably concerned at the prospect of losing…
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Seneca Partners' new service helps clients avoid inheritance tax by funding SMEs
The first-of-its-kind initiative aims to help people safeguard their assets for the next generation without the hassle of having to…
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Moral outrage is not a way to calculate tax bills
Last month Charlie Elphicke MP tabled an amendment to the Finance Bill to criminalise lawyers and accountants who promote aggressive…
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As Wimbledon ends, could UK tax put sports stars off returning next year?
Once again, the sporting institution that is Wimbledon has ended in style, climaxing with Novak Djokovic’s spectacular victory over Roger…
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Will the mansion tax ever come to fruition?
A number of recent articles have been focussed on a prospective mansion tax. This is for good reason in that…
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If you’re thinking of coming clean to the taxman, here are the best ways to do it
HMRC have historically taken exception to the use of offshore accounts to evade UK taxes, but in years gone by…
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If you're thinking of coming clean to the taxman, here are the best ways to do it
Throughout their attempts to gain access to the information, HMRC have offered opportunities for individuals to come clean, disclosing tax…
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Just because your assets are outside the UK, doesn’t mean your inheritance tax liability is
There is a common misconception that bank accounts and other assets which are held outside of the United Kingdom are…
ByJust because your assets are outside the UK, doesn't mean your inheritance tax liability is
For people who are (deemed to be) domiciled in the United Kingdom, their estates are liable to pay inheritance tax…
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With a mountain up for sale, how to avoid selling off your own estate
As has been mentioned across the popular press, Lord Lowther is presently trying to sell a Lake District mountain, Blencathra,…
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If the government can reach into people’s accounts to take money, the poorest will be worst hit
HM Revenue and Customs has published a consultation document on proposals to give itself powers to collect money directly from…
ByIf the government can reach into people's accounts to take money, the poorest will be worst hit
The UK tax system is complex and mistakes in law will happen. Not all taxpayers can afford an accountant or…
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How can I avoid paying inheritance tax on my home?
Headlines about UK house price inflation abound. The English Land Registry has reported a 5.6 per cent average annual house…
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Americans coming to Britain must beware a tax nightmare
As a passionate American Anglophile, you step off the plane at Heathrow excited about spending the summer in the UK.…
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How the legalisation of pre-nups will help protect offshore trusts
Offshore trusts can enable family wealth to benefit future generations and remain a popular succession-planning vehicle for wealthy families. Wherever…
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HMRC is in the hot seat as anti-avoidance looks set to get tougher
Tax reliefs are an essential part of the tax system. They can be used as a mechanism to redistribute wealth,…
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Britain’s high inheritance tax hinders growth
Chartered accountants UHY Hacker Young have produced a report stating that the UK has the second highest rate of inheritance…
ByBritain's high inheritance tax hinders growth
With the second-highest rate of inheritance tax in the world, Britain should take action Chartered accountants UHY Hacker Young have…
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The Isle of Man tries to clean up its reputation – but is it working?
‘I would say to Vince Cable and David Cameron (and I have met them) we’re part of the solution, not…
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Why we need to worry about HMRC’s breathtaking new powers
The Budget confirmed a contentious proposal to significantly extend HMRC’s powers in both existing and future open enquiries, despite significant…
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