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This Is Why You Need A Will

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Recent statistics show that, shockingly, over 60% of adults in the UK do not currently have a Will. This is a very worrying figure, considering the problems that can potentially arise on death. Life is full of uncertainty and we can never tell what is...

Inheritance Tax on Lifetime Gifts: Could the System Be Simplified?

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Inheritance tax on lifetime gifts , could the system be simplified? A recent review of the Inheritance Tax (IHT) system was made by the Office of Tax Simplification (OTS), particularly focusing on chargeable lifetime gifts. IHT applies primarily on...

SDLT: Have You Paid The Right Amount?

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If you have recently purchased a residential property, it is highly likely that you would have paid Stamp Duty Land Tax (SDLT). However, many people fail to consider whether the amount they are paying is correct and potentially miss the chance to a claim a...

Inheritance tax forms, is it time for a change?

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Following a recent simplification review of Inheritance tax (IHT), the OTS (Office of Tax Simplification) said that the process is complex and old fashioned. During the review, over 3,500 people shared their opinions about IHT, which makes this particular...

Your 'digital assets' - what are they and what will happen to them when you die?

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So much of our lives are tied up in social media nowadays, but the idea of leaving a ‘digital legacy’ on Facebook or Twitter is hardly ever discussed. What is a digital asset? A digital asset, in simple terms, is...