Is inheritance tax optional?

The amount of money the government receives through inheritance tax (IHT) is on the rise – despite the introduction of a new allowance in April. Rising property prices mean this tax does not just apply to the richest in society. But how punitive does it have to be? Government figures show that around £2.4bn was … Continue reading “Is inheritance tax optional?”

Protecting your wealth for the next generation

Careful estate planning offers an effective means of reducing your IHT bill. People are living for longer and building up larger nest eggs as they go. What is also clear is that more and more of this wealth is being lost to inheritance tax (IHT). Careful estate planning offers an effective means of reducing your … Continue reading “Protecting your wealth for the next generation”

Leave or Remain? The final salary pension decision

Final salary pensions may be gold-plated, but are you also sitting on a transferrable gold mine? Here we weigh up the pros and cons of transferring to a personal pension, and offers a way to calculate your potential benefits. Gold-plated. Gold standard. Or how about the less glitzy ‘copper-bottomed’ or ‘cast-iron guarantee’? However you look … Continue reading “Leave or Remain? The final salary pension decision”

Insulate your money this winter

Did you know that we lose most of our savings through our heads? That’s right – because we don’t think about how much unnecessary tax we’re paying. Here are some ways to make sure your money is wrapped up tight, to keep out those (over) draughts. If your home loses heat, you lose money. We’ve … Continue reading “Insulate your money this winter”

Climbing the inheritance tax ladder

It’s not just house prices that are rising every year. Also increasing is the number of people whose families will have to pay inheritance tax. Are you being drawn into the net without knowing it – and if you are, what can you do to protect your family from a hefty bill? Most people never … Continue reading “Climbing the inheritance tax ladder”