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Why buying a vineyard could save IHT

Why buying a vineyard could save IHT

There’s been quite a lot going on in the financial world in recent weeks, so here’s a run down of some of the most up to date stories in the media today. The introduction of tougher rules for peer-to-peer platforms and what this really means Peer-to-peer...
HMRC miscalculates Marriage Allowance claimants

HMRC miscalculates Marriage Allowance claimants

HM Revenue & Customs is struggling to add up! It got its sums wrong on the number of individuals taking up the tax break for married couples after it counted claimants more than once. New data reveals that less than half of those eligible are benefiting. In June...
Frozen tax thresholds pull more into tax traps

Frozen tax thresholds pull more into tax traps

A growing number of top rate tax payers   With the start of a new tax year, attention naturally turns to making the most of allowances and minimising tax bills where possible. For higher earners, keeping the total tax paid as low as possible can be hard work. An...
Understanding the Residence Nil Rate Band

Understanding the Residence Nil Rate Band

Pass on more of your wealth to your family tax free   About the Residence Nil Rate Band The new residence nil rate band (RNRB), introduced from April 2017 will be set at £100,000 increasing by £25,000 each year until it reaches £175,000 in April 2020. Coupled...