It’s not just house prices that are rising every year. Also increasing is the number of people whose families will have to pay inheritance tax. Are you being drawn into the net without knowing it – and if you are, what can you do to protect your family from a hefty bill? Most people never
To mark TaxAction 2016 we tackle the maze of inheritance tax, and explain why it’s one of the biggest reasons to make your wishes legally binding. Is inheritance tax (IHT) still a thing? Yes, very much so. You may have heard the recent rumours of its death, in light of the government announcing a new ‘family
Britain’s children are losing out when it comes to tax-efficient saving. As part of TaxAction 2016 in partnership with Prudential, we explore the opportunities that are being missed, and reveal the single biggest advantage that children have over adults when it comes to long-term saving. At what age should children start saving? In their teens?
As part of our TaxAction 2016 campaign in partnership with Prudential, we bring you the ten top ideas for reducing your tax bill, as supplied by financial advisers listed at Unbiased. You don’t need a hedge fund to make your money grow fast – you just need to trim back the amount you waste every day
Just in time for our TaxAction 2016 campaign, Ayesha Ping from NW Brown is here to remind us of the extra tax breaks available for those with children in childcare. Tax-free vouchers help to ensure that it’s the babies who are bouncing – not your cheques! The UK is bucking the trend in most of Europe
You could try funnelling your income through a labyrinth of offshore companies… or you could just open ISAs, pay a little bit more into your pension and take a few other simple measures. Believe it or not, reducing your tax bill can be dead easy, and it doesn’t have to risk the wrath of HMRC.
As our TaxAction 2016 campaign gathers pace, we drop in on a typical affluent household somewhere in England… and catch them in the middle of some very odd behaviour. Sally calls from the kitchen. ‘BRYCE! The bin bag needs changing!’ Bryce, in the study upstairs, is losing a fight with a self-assembly filing cabinet. ‘Maybe
This year the UK public is set to waste around £4.6 billion in unnecessary tax. A similar figure was frittered away last year. Why is this happening, and is there anything we can do reduce this waste? The unbiased.co.uk and Prudential campaign TaxAction 2016 launches today, in a bid to do just that. If asked
They should really offer classes in tax at school – after all, it affects everyone. But perhaps the government doesn’t mind if you accidentally pay more tax than you need to? You, on the other hand, definitely should mind – so Ajay Naik of Bankfield is back with another valuable lesson. (If you missed part
The kids have gone back to school, but one thing they won’t learn about there is income tax. An alarming number of people in the UK still don’t understand all the ways in which they’re taxed. IFA Ajay Naik of Bankfield makes it his mission to help clients save money in this oft-neglected area. If
Inheritance tax has been hitting the headlines thanks to the Government’s announcement on a new £1m threshold. Stuart Dewin of Questa Chartered reveals how, with careful planning, you can limit how much your beneficiaries will have to pay even with the new changes from 2017. There’s no doubt that a shake-up on the inheritance tax
Did you think a pension was just for retirement? Then think again. Danny Cox of Hargreaves Lansdown hails a revolution in estate planning – that is, how to give your loved ones more after you’ve gone. When you first heard about pension freedom, your first thought may have been how you would spend your pension
The dilemma: no business wants to pay more tax than it needs to. But no business wants to be accused of improper tax avoidance. Is there a safe path between these opposing hazards? Adrian Murphy, partner at Murphy Wealth, offers up some legitimate possibilities. One of the most popular questions that business owners ask us