11th May 2020
Residence Nil-Rate Band – news
From 6 April the Residence Nil-Rate Band (RNRB) increased to £175,000. This was the final annual rise of £25,000 since the RNRB came into effect in April 2017.....
Read onFrom 6 April the Residence Nil-Rate Band (RNRB) increased to £175,000. This was the final annual rise of £25,000 since the RNRB came into effect in April 2017.....
Read onNational Insurance thresholds for 2020/21 The level at which taxpayers start to pay NICs has risen by more than 10% to £9,500 per year.....
Read onThe amount a surviving spouse or civil partner inherits under the England and Wales intestacy rules (when there are children/issue) has been increased....
Read onHMRC has confirmed that maturing Child Trust Funds (CTF) will retain tax-free status from 6 April 2020. Although these new rules applied from 6 April the first CTF accounts will not mature until September 2020....
Read onWe mentioned last year that the government were proposing changes to the Trust Registration Service (TRS). The consultation closed on 21 February and the decision has been published....
Read onThe deadline for paying Capital Gains Tax (CGT) after the sale of a residential property in the UK changed on 6th April 2020....
Read onWe are delighted to be sponsoring 'Ruby', a golden retriever puppy through her training to become a vital, much needed, companion for a person with sight loss....
Read onThere are two types of LPA. Firstly, there is a ‘property and financial affairs’ LPA, which gives the attorney(s) the power to make decisions in relation to the donors finances etc....
Read onYour personal ISA allowance for the tax year 2020/21 is £20,000, which has remained unchanged from the previous tax year....
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