4 Options Available: Giving a gift of cash Buying a property together Setting up a trust Buying through a company Giving a Gift of Cash You can make a gift to your child which if unconditional, is free from tax at the point of transfer. This will allow your child to...
Tax planning is a year-round activity – and a very important part of your overall financial strategy. With good professional advice and judicious planning, you may be able to achieve considerable gains and savings. However, your tax planning must fit in with,...
It is an unfortunate fact of modern life that many marriages do not survive. When separation, divorce or dissolution occurs, there will almost inevitably be some tax consequences. Allowances The married couple’s allowance is only available to couples in which at...
Domicile and residence can each have a significant impact on how much UK tax you must pay, or indeed if you must pay UK tax at all. Both terms are used for tax purposes and have little to do with citizenship or nationality. Domicile and tax Domicile is the country you...
