Turn your New “Tax” Year Resolutions into Powerful Goals

Turn your New “Tax” Year Resolutions into Powerful Goals

NEW YEAR RESOLUTIONS AND NEW GOALS TO SAVE TAX At this time of year, we think about New Year’s resolutions when it’s also a good time to start planning our tax affairs before the end of the tax year on 5 April. You could maximise your ISA allowances for the...
Your Furnished Holiday Letting Business and IHT Relief

Your Furnished Holiday Letting Business and IHT Relief

Furnished Holiday Business & Inheritance Tax (IHT) Your furnished holiday letting business is not a business for IHT relief. If you own a furnished holiday letting business, this will be treated as a trade for most tax purposes. For example, capital allowances are...