Who were the Budget’s inheritance tax (IHT) winners?
20th December 2024
Posted in Articles, IHT by Andrew Marr
The 30 October budget was for many people an IHT nightmare. Business and farm owners saw IHT reliefs which had previously…
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Construction work can be subject to stamp duty land tax (SDLT)
13th December 2024
Posted in Articles, Stamp Duty Land Tax by Andrew Marr
It is fairly common for a lease to include an obligation to construct a building on the land which is the…
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Section 455 loophole closed in the Budget
6th December 2024
Posted in Articles, Budget by Andrew Marr
A slightly below the radar announcement was made in the 30 October Budget relating to the closure of a loophole in…
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The new allure of EIS for members of pension schemes
29th November 2024
Posted in Articles by Forbes Dawson
It is now almost old news that from 6 April 2027, pension schemes will be subject to inheritance tax (IHT). After…
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Pension IHT advantages of going to Dubai to die
22nd November 2024
Posted in Articles by Andrew Marr
Despite the rather flippant title, we are tentatively considering a rather extreme tax planning option to combat the high effective tax…
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Don’t give up on EMI schemes too quickly!
15th November 2024
Posted in Articles by Adam Sutton
Enterprise Management Incentive (EMI) schemes provide a tax efficient way of incentivising key employees with share-based rewards. Typically, an EMI scheme…
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Death to inheritance tax (reliefs)
8th November 2024
Posted in Articles, IHT, Inheritance Tax, Trusts and Estates by Forbes Dawson
With more drama than the TV show Succession in last week’s Budget, the introduction of a reduction to Business Property Relief…
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Tax Table 2025
7th November 2024
Posted in Articles by Forbes Dawson
Following the recent Budget please follow this link to our table summarising the tax rates for the 2025/26 tax year. As ever we…
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The great pension 70.5% tax raid of 2024
1st November 2024
Posted in Articles by Andrew Marr
When Rachel Reeves casually announced on Wednesday that pensions would be subject to 40% inheritance tax (‘IHT’), I was unsurprised. Currently,…
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Strike off while the iron is hot!
25th October 2024
Posted in Articles by Tom Minnikin
Prior to 1 March 2012 it was possible to withdraw reserves from a solvent company that had ceased trading prior to…
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