Newsletters
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Chancellor announces tax increases
What key changes did Chancellor Jeremy Hunt announce in today's Autumn Statement?
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Inheritance tax on lifetime gifts
Your parents have received conflicting advice about reducing their potential inheritance tax (IHT) liability by making gifts. One view is that they need to survive at least three years from when a gift is made to save IHT. The other advice says they must survive seven. Which view is correct?
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Varying an inheritance to save tax
A fair amount of inheritance tax (IHT) planning can be done through a will. However, the tax rules and circumstances of the beneficiaries can change making the IHT planning less effective. What steps can the beneficiaries take to rectify this?
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What’s the VAT treatment of gifts to staff?
You want to reward staff for meeting certain targets. Instead of giving them a cash bonus, you will provide them with free goods from your retail stock. What are the VAT issues for your business?
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Can a trust shelter company income for your children?
A friend told you that she avoided tax on dividends from her company shares by putting them in a trust for her children. Unfortunately, she was light on details of how this worked. Can avoiding tax as she described be that simple?
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Invoicing: can you improve your VAT cash flow?
The economic slowdown might mean that some of your customers are taking longer to pay their invoices. This means that you cannot pay your suppliers as quickly. How could changing your invoicing procedures help your VAT cash flow?