...pensions - what to do with them? »
For the first time since the Global Financial Crisis, savers in
the UK have something to celebrate. After half a decade of low
interest rates eating away at incomes and reducing capital
appreciation to negligible levels, the UK Chancellor, George
Osborne has acknowledged the difficulty that loose monetary policy
IHT Business property relief »
In last month's article we reported HMRC's views on the impact
that unspent cash in a business could have on IHT business property
relief and CGT entrepreneurs' relief. The views were given in
response to questions raised by the Institute of Chartered
Accountants in England and Wales (the ICAEW).
Relevant property trusts in April 2014 - changes known, proposed and yet to be decided »
A great deal has been written and discussed in the past year
about the "simplification" of the taxation of relevant property
trusts. These include discretionary trusts as well as trusts, other
than bare trusts, which have been created during the lifetime of
the settlor since 22 March 2006. Not one but two consultations have
taken place and, while some issues have now been concluded, the
more important ones are still undecided.
How radical was the 2014 Budget? »
There was a lot to talk about in the Budget, but it was
probably not that radical. Its impact may depend on how many
proposals become law.