
Gifting The Family Home – An IHT Trap
It is not uncommon for individuals to give away their family home. For example, an elderly widow moving into nursing care may be in the
Home » Tax Collective
It is not uncommon for individuals to give away their family home. For example, an elderly widow moving into nursing care may be in the
Tax returns can be difficult and complicated. Mistakes often happen when completing returns. Can HM Revenue and Customs (HMRC) reject an incomplete or incorrect tax
An individual who makes a loan to a company they own will probably expect to obtain tax relief if the loan subsequently has to be
Many individuals would like to have a rental property business, but may be concerned (among other things) about the possible eventual inheritance tax (IHT) liability
The penalty rules for errors in tax returns etc potentially apply if a tax return contains an inaccuracy that results in a tax liability being
A common element in the accounts of many self-employed individuals (and partnerships) is a deduction for the wages of family members, particularly a spouse (or
When an individual shareholder sells shares in a ‘close’ family or owner-managed trading company, he or she will probably expect the proceeds to be treated
Some tenants treat the residential property they rent with great care. Unfortunately, others do not, and the landlord may receive dilapidation payments from the tenant
Some tenants treat the residential property they rent with great care. Unfortunately, others do not, and the landlord may receive dilapidation payments from the tenant
Let us know more about what you need help with by filling out our form below. We’ll get back to you ASAP.
Tax Advisory & Consultancy Services Ltd
Apex
33 Victoria Street
Altrincham
WA14 1EZ
Get our stories every month – sign up here