by Neesha Hallan | Nov 8, 2025 | Business Success
In Autumn Budget 2024, the Chancellor announced that restrictions to the amount of Agricultural Property Relief (APR) and Business Property Relief (BPR) will apply from 6 April 2026. APR and BPR currently give up to 100% relief from Inheritance Tax (IHT) on qualifying...
by Neesha Hallan | Nov 17, 2023 | HMRC, Tax
With inheritance tax receipts to HMRC set to reach new levels this financial year, now more than ever families need to plan for their future. Inheritance tax could take a large proportion of your wealth – 40% of everything above £325,000 -and stop your family...
by Neesha Hallan | Dec 14, 2021 | Coronavirus: Finances, HMRC, Making Tax Digital, Tax
CHRISTMAS IS THE TIME FOR GIVING Like the Capital Gains Tax (CGT), the Inheritance Tax (IHT) from Rishi Sunak’s Autumn Budget remained the same. Meaning each tax year individuals may make gifts of up to £3,000 in total. Even if this amount has been...
by admin | Mar 5, 2020 | HMRC, Tax
Yet Another Chancellor – Big Changes In The Budget? It will be nearly 18 months since the last Budget and, in the meantime, we will have had three different chancellors, following the unexpected resignation of Sajid Javid. The early years of a new Parliament are...
by admin | Dec 6, 2018 | HMRC, Tax
‘Tis The Season for Gifts… And Taxes… Christmas Is The Time For Giving If you are thinking about making gifts this Christmas, you should take advantage of the various inheritance tax (IHT) exemptions and reliefs available to you. But you should also bear in mind...