Taxation
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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 10, 2018
How to Calculate IHT on Relevant Property Trusts
A customer requested that we discuss relevant property trusts and the type of question that could come up in...
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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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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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February 21, 2017
The Making of Millionaire Children Through Clever Tax Planning?
This week we’re going to take a look at saving for children – the options available and how these...
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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...
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December 13, 2016
The 6 Steps for Working Out Income Tax
Here, you will find a useful step-by-step that will aid CII AF1 candidates in remembering how to determine income...
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November 15, 2016
Delving into the Detail of the Increased Stamp Duty Land Tax
As we all know, Stamp Duty Land Tax (SDLT) increased in April, for those people buying second and buy-to-let...
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July 26, 2016
How to Calculate the High Income Child Benefit Charge
We haven’t looked at this subject for quite a while now, and as it came up in the April...
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June 21, 2016
Capital Gains Tax Considerations on an Investment Account
Using a partner’s lower tax status is now less attractive than it used to be for capital gains tax...
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April 12, 2016
The Morality of Tax Planning and Avoidance
This article discusses the role of the financial planner in treading the fine line between mitigating tax effectively and...
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April 5, 2016
How the Inherited ISA Allowance Works in Practice
Having spent the last week looking at the AF5 April exam fact-find, it looks as if the inherited ISA...
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March 1, 2016
How to Put Your Hard Earned Tax Knowledge to Effective Use
Those of you studying for the CII R03 exam will inevitably learn a lot of facts and calculations to...
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January 12, 2016
The self-assessment deadline is looming
As the deadline for filing your self-assessment looms, this article gives you an example of how to calculate payments...
