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An Update on Changes to Domicile Rules

17th July 2017

Changes to domicile rules are on their way. The Financial Secretary to the Treasury has released a written statement regarding changes to domicile rules. In this statement it’s made clear that the items dropped from the Finance Bill on the calling of the General Election will be reintroduced in... read more

Posted in: Capital Gains Tax, Inheritance Tax, News

Updated Inheritance Tax Guide

19th April 2017

Introducing our new Inheritance Tax Guide. In 2015-2016 over £4.7 billion was paid to the UK Government in Inheritance Tax (IHT) revenues. Prior planning and preparation can significantly reduce the amount you pay. We have created an easy-to-follow guide to help you understand and reduce Inheritance Tax, and help... read more

Posted in: Financial Planning, Inheritance Tax, News

Understanding and Reducing Inheritance Tax

1st December 2016

£4.6 billion was paid in Inheritance Tax revenues last year, and by 2020 one in 10 estates could be charged Inheritance Tax. Inheritance Tax is charged on your estate when you die, at a flat rate of 40%. With the current threshold sitting at £325,000 a great many people... read more

Posted in: Inheritance Tax, Tax

A right royal send off

6th June 2016

Whilst we will not be around to see our ‘send off’, the traditionally conservative funeral is changing. Have you given your funeral much thought? It is still a taboo subject but with a little thought and discussion with those to be left behind, we could make matters a whole... read more

Posted in: Financial Planning, Inheritance Tax

Probate Court Fees to Soar in England and Wales

24th February 2016

On 18th February 2016, proposals were set out to increase the charges which the Probate Court can make when processing applications for probate. Any charges are used to cover the £45m cost of the Probate Service, which the consultation proposals have classified as a service which is ‘unsustainable’ and... read more

Posted in: Inheritance Tax, News

Appointing the right executor

2nd December 2015

When making a Will, you will need to appoint an executor, which could be a member of your family, a trusted friend or a professional. It is the executor’s role to make sure the instructions in your Will are carried out, and there are several responsibilities and duties to... read more

Posted in: Capital Gains Tax, Inheritance Tax, Tax

Peace of Mind

5th November 2015

Our team of advisers recently had the pleasure of meeting with the UK’s leading support and research charity, Alzheimer’s Society UK. The charitable arm visited our Worthing office, to help raise awareness of Dementia. Our team heard about the impact of Dementia – from how it affects individuals and... read more

Posted in: Estate Planning, Financial Planning, Inheritance Tax, News