Uncertainties removed on two key personal taxes
The future of two personal taxes – inheritance and capital gains – has been clarified, with no major changes to be made to either, so now you have no excuse to delay estate and CGT planning.
The future of two personal taxes – inheritance and capital gains – has been clarified, with no major changes to be made to either, so now you have no excuse to delay estate and CGT planning.
Lower market values are generally regarded negatively, but there are some hidden upsides to taking the opportunity to review the balance of your holdings.
The Covid-19 pandemic has seen a surge of will writing under difficult social distancing conditions. Don’t leave it until it’s an emergency.
Chancellor Rishi Sunak made no change to inheritance tax in the March Budget, despite expectations, leaving certain estate planning measures still open. Review your IHT planning in case the Autumn Budget brings in the anticipated changes.