Taxation
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…
Chris Stedman
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Taxation
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…
Chris Stedman
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Taxation
VAT – the nation’s favourite tax – came into effect on 1 April 1973. It was the first of several new taxes – capital duty…
Chris Stedman
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Taxation
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…
Chris Stedman
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Taxation
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…
Chris Stedman
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Taxation
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…
Chris Stedman
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Taxation
Most of us would remember entrepreneurs’ relief (ER) and the challenges presented in getting the spelling correct and the apostrophe in the right place! In…
Chris Stedman
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Taxation
Many clients are currently receiving letters of approval for the annual employment allowance which was first introduced in 2014 and has steadily increased from £2,000…
Hugh Stedman
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Taxation
It is not uncommon for moderately well-off parents to help their children with loans (particularly in connection with the acquisition of property) which later on…
Chris Stedman
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Taxation
Many clients sensibly set up a direct debit for payment of VAT which not only gives a few days extra to pay but also ensures…
Hugh Stedman
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