Catch 22 – The Inheritance Tax “v” Probate conundrum
You have an Inheritance Tax (IHT) bill to pay but you need your bequeathed inheritance to pay it. Before you can receive your Inheritance you need “grant of probate” - you can't get a full grant of probate until
Christmas gifts over £250 may incur Inheritance Tax! Here’s what you need to know.
5 Christmas Gifts you can give this year – Inheritance Tax-Free With Christmas just around the corner, you may be pondering what gifts you can give your spouse, children and grandchildren.To your spouse or civil partner, you can gift as much
As of today, leave another £25,000 to your descendants TAX FREE!
From today you can leave another £25,000 to your descendants TAX FREE! As of today, 6th April 18, the start of the new tax year, the residence nil rate band (RNRB) threshold increases by £25,000 per person, increasing it to £125,000
Care Home Fees and the Recent Announcement
The much heralded new ideas on social care funding were heavily trailed over the weekend and
announced late on Monday. Apparently the delay in making the announcement was due to some last minute wrangling over how the revised scheme would be funded! Government at its joined up best.