The tax you pay when you sell a business: Entrepreneur Relief Tax
Entrepreneurs’ relief, often referred to as business asset disposal relief is a specific capital gains tax (CGT) break that you may be eligible for if you’re selling a business you own. When I see a business, do I have to pay CGT? The entrepreneurs’ relief—recently renamed business asset disposal relief—may enable you to pay a […]
Wrapping up rules on inheritance tax
Wrapping up rules on inheritance tax Christmas is a time for giving, but for many farming families with the prospect of reduced subsidies and much uncertainty ahead, the idea of an expensive festive period can cause concern. However, the end of the year can also be a good time to review your overall finances, re-evaluate […]
Winter Is Coming What Lies Ahead
What do the last few months of the year have in store for investors? 2017 has so far been interesting, to say the least. We have all become much better at expecting the unexpected; experience has certainly taught us that. Many investors are getting used to a variety of political, financial and economic factors and […]
A Game Of Endurance As Disposable Incomes Hit Six Year Low
The average household in Britain is currently enduring the lengthiest dip in disposable income for six years. Cash-strapped consumers are struggling with the combination of lacklustre growth in their wages, which is providing modest support to disposable incomes, and inflation, which is taking its toll on the pound in their pocket as the cost of […]
Inheritance Tax The Government Rakes In 5bn Gbp
The amount of revenue that the government raises from inheritance tax (IHT) continues to rise year by year. In 2016-17, the figure rose again to over £4.9bn1, with experts expecting it to be even higher in this financial year. Controversially, the threshold at which IHT applies has been stuck at £325,000 since 2009. Over the […]
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