Useful Resources

Since 6 April 2013 an individual’s UK tax status has been decided by the Statutory Residence Test (SRT). The number of days that the taxpayer spends in the UK is vital in determining tax residence pursuant to the SRT with a variable number being permitted as decided by various factors.

4 May 2023

Increased longevity, combined with loneliness, appears to have resulted in a rise in “predatory marriage”, or at least to greater recognition that this type of marriage (or civil partnership) exists.

4 May 2023

was the subject discussed in a recent episode of our webinar series for intermediaries.

4 May 2023

CGT was introduced in April 1965. Before that date asset gains were free of tax, inevitably encouraging schemes to convert taxable income into untaxable gains.

4 May 2023

If your client wants to put a business lasting power of attorney (LPA) in place the first consideration has to be the business entity through which your client operates.

4 May 2023

In 2014 major changes were made to the intestacy rules which apply when someone dies without leaving a Will.

4 May 2023

Parents of disabled children might consider including a trust in their Will to receive the share of their estate intended to benefit their disabled child.

4 May 2023

Under forced heirship rules certain family members receive by law a specified share of your estate, whatever your Will says.

4 May 2023

A Declaration of Trust can document any agreement related to the property made by the co-owners but there are a number of points that should be covered.

4 May 2023

The most common route taken to reduce IHT liability is lifetime gifts either into trust or outright to an individual in the hope of surviving seven years from the gift.

4 May 2023

We will complete the HMRC forms to claim the inheritance tax (IHT) transferable nil rate band on the death of the survivor of a married couple or the survivor of a couple in a civil partnership.

3 May 2023