Two settlors settle their share in a property in one trust only. Question is . When calculating 10 yearly charge do we use two sets of NRB or are only allowed to use one. Thank you Continue Reading
I am resident outside of England and Wales but am a UK citizen. I am looking to buy my first property (anywhere in the world) with a view to renting the property out. The mortgage will be a buy to let mortgage. My understanding is that the buy to let stamp duty ... Continue Reading
I have recently had an EIS company exit meaning that around £100k of (two-year qualified) BPR is now in cash. I would like to reinvest in some BPR as soon as possible to preserve the IHT protection should I pop my clogs at any moment. My questions are: 1) Is ... Continue Reading
As a business owner I am aware that it is usually better to make company pension contributions rather than personnel contributions, given the savings in company tax etc. Myself and partner are winding our business down but still trading and expect to retire in ... Continue Reading
A family member ('Anne') passed away last year and her family wondered if it would be a good idea to set up a limited company ( 'New Co. Ltd') that could inherit her home through a Deed of Variation to her will. If so: Would New Co. have to pay any tax on inheriting ... Continue Reading
Hi there, I want to transfer a deferred Defined Benefit (Final Salary) pension into an existing SIPP that I manage myself. The pension CETV is over £30k so I know that I have to seek financial advice before trying to arrange it. My own circumstances are such ... Continue Reading
As an executor of my late father’s estate I now understand the IHT and probate process pretty well. But now I need to sort out his pensions and the info online is more confusing. He has one main pension, which is already 500k over the LTA and this one goes ... Continue Reading
Hi, I have been researching the potential tax implications that would arise if I decided to emigrate yet continued to work for my UK-based employer. I think I understand what this would entail from my, i.e. the employee's, point of view. What I am less sure ... Continue Reading
