Monthly Archive: May 2015

INHERITANCE TAX & THE HOME

The inheritance tax concession promised by the Conservative Party prior to the general election – i.e. increasing the nil-rate band so that a principal residence worth up to £1,000,000 would be inherited tax-free – was not included in the Queen’s…
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SECOND FINANCE BILL EXPECTED SOON

The new Conservative government is expected to table a second Finance Bill in this session. Commentators believe it may include campaign promises such as restrictions on tax relief for pension contributions and the introduction of a transferable £175,000 inheritance tax…
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Non UK residents disposing of UK residential property: Planning

Since April 6, 2015, certain non-UK residents are now subject to the capital gains tax regime on the disposal of UK residential property. The new rules apply to non-resident individuals, non-resident trustees, the personal representatives of non-resident deceased persons, certain…
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