Norsta Blog

Examples of some common traps with inheritance tax. “I am a married man with non-business assets(including my home) of just below £1 million.My business assets…

Richard and Jennifer are in their early 70s. They own and live in their family home which is worth £1.5 million. The sale of the…

If there is one thing worse than paying any form of tax it is having to pay interest and late payment penalties as well. This…

Many people think of Estate Planning as an exercise to so arrange their affairs that the Government can take as little as possible from an…

VAT – the nation’s favourite tax – came into effect on 1 April 1973. It was the first of several new taxes – capital duty…

This week the Chancellor of the Exchequer delivered his Spring 2023 Budget. To download our copy of the Spring Budget 2023, click here. Without any doubt…

Probate duty was introduced as a British tax on the gross value of a deceased testator as long ago as 1694. It meandered its way…

The Government has provided an extended window for individuals to make good missed contribution years to ensure they have a full complement when it comes…

Making tax digital for income tax self-assessment (MTD for ITSA) all started as a sprint in 2015 when George Osbourne announced the abolition of annual…

As the value of land increases, more and more homeowners are becoming involved in projects affecting their residences and gardens in the expectation of achieving…