The Government has announced, after much to-ing and fro-ing, indefinite delays and a lot of harsh criticism from industry professionals and concerned families, that the previously planned probate fee increases will be abandoned. Probate fee increases; The proposals Earlier
By definition, Capital Gains Tax (CGT) is a tax on the profit that you make when you sell, or dispose of, an asset that has increased in value. Having invested in a classic or vintage car, you may find that
The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019. Building contractors must comply with the new rules if they undertake either of the following activities:
UK Inheritance Tax (IHT) receipts are currently at an all time high, hitting a record £5.4bn in 2018/19, and only look set to grow again in the coming year. The nil-rate band (NRB), now in its tenth year of being
The Individual Savings Account (ISA) was first introduced back in April 1999, meaning that this year marks its 20th anniversary. Online investment broker, Hargreaves Lansdown, estimates that approximately £8.7trn has been invested in the tax-free accounts during that time. ISA’s