Inheritance Tax Interest Rate Increases
Filed in: Tax |Economy |Estate Planning
09 January 2023
HMRC has announced that interest on overdue Inheritance Tax (IHT) payments has doubled to 6% from January 2023
Filed in: Tax |Economy |Estate Planning
09 January 2023
HMRC has announced that interest on overdue Inheritance Tax (IHT) payments has doubled to 6% from January 2023
Filed in: Investment |Savings |Tax
16 October 2019
Personal portfolio bond investors to suffer a new penal tax if investing into UK property funds.
Filed in: Tax
09 November 2018
The US Internal Revenue Service has started action to revoke the citizenship or residence rights of at least 260,000 US individuals due to significant tax debts, according to law firm Dickinson Wright
Filed in: Tax |Estate Planning |Investment |Savings
08 October 2018
Britain’s so-called “requirement to correct” (RTC) legislation came into force on 30 September 2018.The new law requires taxpayers to declare any foreign assets that could affect their UK income tax, capital gains tax or inheritance tax.
Filed in: Investment |Economy |Tax
23 November 2017
UK property investors now have to face an additional 'empty house' tax as announced in the November 2017 budget.