AF5
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April 17, 2018
Discounted Gift Trust – a Useful Inheritance Tax Planning Tool
The following advises readers what a discounted gift trust is and provides an example that illustrates how it is...
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April 3, 2018
Transfers to Non-Domiciled Spouses/Civil Partners
Inheritance tax is based on domicile status. There’s no strict definition of domicile, but it’s taken to be where...
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March 27, 2018
More Changes on the Horizon for Landlords
Learn about the changes that will affect buy-to-let landlords from April 2020. This information will be of interest to...
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December 19, 2017
Our Post-Exam Review of the October 2017 CII AF5 Exam
Now the CII have released the papers for the October 2017 exams, we can see how we did in...
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November 21, 2017
What are the differences between Sole Trader and Limited Company?
A friend asked me whether she should set up as a sole trader or as a limited company for...
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November 14, 2017
What is The Trustee’s Tax Pool? And How to Calculate the Tax
We heard that tax pools were part of the most recent AF1 paper, which might have been a surprise...
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October 31, 2017
The Two Pools Approach to Asset Allocation
This article is helpful to those studying for their CII AF1, AF5, R04 and R06 exams. It outlines the...
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October 24, 2017
Understanding How the Letting Exemption is Applied
We all know that when we sell our house, it is exempt from capital gains tax (CGT) if it’s...
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September 6, 2017
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July 25, 2017
Our Post-Exam Review of the April 2017 CII AF5 Exam
Now the CII have released the papers for the April exams, we can see how we did in our...
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July 18, 2017
How to Know When the Higher Tax Applies to Second Properties
As we all know, purchases of second and buy-to-let properties incur an extra 3% Stamp Duty Land Tax (SDLT),...
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May 9, 2017
Combined Life and Critical Illness Cover and the Use of Trusts
With a combined life policy with CIC, you need to use a special type of trust to ensure that...
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April 11, 2017
Increase to Probate Fees from May 2017
This article was written before the surprise 2017 General Election was announced. The probate fees were scrapped at that...
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March 28, 2017
The Ups and Downs of the FSCS Figure
For those who may have missed this (or are just confused by it!), the Financial Services Compensation Scheme (FSCS)...
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January 10, 2017
How to Use the 6 Steps to Calculate Income Tax
Previously, we went through the six steps to working out someone’s income tax liability; this week we are putting...
