Main residence relief is a valuable relief which prevents a tax charge arising where a gain is realised on the disposal of a property which
A property rental business will have a start date and an end date, and it is important to know what those dates are. When setting
Where a person has a property portfolio, they may consider giving away one or more of their investment properties during their lifetime to reduce the
Inheritance tax is often described as a voluntary tax. While most of us do not know in advance when we are going to die, there
Gifting assets during one’s lifetime is never an easy proposition even though by doing so inheritance tax (IHT) may be reduced in the long run.
Although spouses and civil partners are taxed independently, there are some tax breaks available. One of these is the ability for spouses and civil partners
Although married couples and civil partners are assessed individually for capital gains tax purposes and each has their own annual exempt amount, a special rule
Inheritance tax and spouses and civil partners Special rules apply for inheritance tax purposes to married couples and civil partners. To ensure valuable tax reliefs
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