Inheritance Tax & Trust Tax

Stan is a widower, and dies on 30th December 2020. His wife died 3 years earlier leaving all her estate to him. Stan’s estate is worth £1.6m, and comprises his…

Ordinarily, individuals are taxed only on their personal share of any income or gain that arises from an asset that is ‘jointly owned’ with someone else . However, if you…

If you are the owner manager of your own company and you have distributable profits Make sure: a) you and your family take advantage of the tax free dividend band.…