Latest News

Changes to Intestacy Law

New legislation came into force on 1st October 2014 concerning how an estate in the UK is handled if someone dies without a will.   The new law will mean the entire estate is passed to the spouse or civil partner as long as there are no...

Pensions Tax Abolished

The 55 per cent pensions tax charge, levied on pension funds passed on after death is to be abolished, following a statement by George Osborne on 29th September 2014. The change will take effect from the beginning of the new tax year in April 2015. Currently, if...

The Fry Group Acquires Horsham-based Ridgeford Consultants

The Fry Group has recently acquired Horsham-based Ridgeford Consultants which brings a portfolio of 30 Sussex-based clients worth circa £12m. All Ridgeford Consultants clients will be looked after by the Worthing office of The Fry Group and a number of client meetings will be held jointly over...

IHT Revenues Bolstered by Tax Freeze

IHT revenues have recovered this year, hitting £3.42 billion in 2013-14, the highest amount since 2007-8. The way IHT was calculated changed in 2007, following the introduction of the Transferable Nil Rate Band – which was slanted as a tax cut. A combination of rising house prices,...