Many people know that Inheritance Tax is normally charged at 40%. Far fewer realise that once an estate exceeds £2 million, another valuable Inheritance Tax allowance starts to disappear. This can mean that, for some estates, reducing the value by £1 can potentially save 60p in Inheritance Tax. What is the Residence Nil Rate Band?
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start-ups, Tax Planning & Saving Tips, Year-End Preparation Tips
Why Every Business Owner Should Keep Their Will Up to Date
Running a business keeps most of us busy enough without thinking too far ahead. But one of the most practical – and caring – things you can do for your family and your business is to make sure you have a Will in place, and that it’s kept up to date. It’s not the cheeriest