Dear Mike, Everyone in the farming community is up in arms about the inheritance raid by “Rachel From Accounts”, ...
The Chancellor's decision to include pensions in the calculation of IHT will mean grieving families could face hefty tax ...
After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.
Gifting is a heartfelt way to express love and affection towards our dear ones. In 1958 by Parliament of India, the gift tax ...
We're 57 and jointly own a £1.3m house. We want to avoid a situation where the surviving twin might have to sell our home to ...
Strategic use of gifting disbursements before one's demise can help to ensure the maximum amount of bequests to one's heirs ...
Estate planning is necessary, as Benjamin Franklin would agree with his quote ‘Nothing is certain except death and taxes’.
Is there anything we can do to avoid inheritance tax? We want to avoid a situation ... is worth £650,000 (£1.3million in total), the IHT calculation would be as follows: 1.
An Early Inheritance strategy creates the following ... transfer becomes the new cost basis for any capital gains calculation. Gift Tax Rules under current IRS guidelines, have two primary areas ...
In the Budget 2025, there have been new income tax slabs introduced in the new tax system. Finance Minister Nirmala ...