Article Database - Topic: 'Inheritance tax' - Keyword: 'Annual exemption'

 
Helping with family finances - is there a tax cost? Publication date: 08.06.2020
Article database » Inheritance tax » Annual exemption
Your adult child is struggling with money and has come to you to for help. You’ve been paying some of their household bills until they get back on their feet. What tax consequences do you and your child need to consider?
More
IHT break Publication date: 02.10.2014
Article database » Inheritance tax » Annual exemption
Your parents are selling up and retiring to a life in the sun. They can escape UK income and capital gains tax from the day they leave, but their estate remains subject to IHT for three more years. Can they avoid this trap?
More
Freezing an estate for IHT Publication date: 09.09.2014
Article database » Gifts » Inheritance tax
You’re trying to help your parents with their IHT planning. The trouble is that they want to keep access to their capital in case they need it for, say, nursing home fees. Could a family loan be the solution?
More
IHT-exempt gifts Publication date: 20.03.2014
Article database » Inheritance tax » Annual exemption
You want to maximise your inheritance tax gifts-out-of-income exemption before the tax year ends in a couple of weeks. How much can you give away and must you make the gift by 5 April?
More
Gifts - two tax breaks for the price of one Publication date: 02.10.2013
Article database » Children » Gift
Naturally, you’ll want to pass your wealth on to your kids, but simply piling money into savings while they are under 18 comes with nasty tax consequences. Conversely, one type of gift actually comes with tax perks; what is it?
More
Don’t blow your annual IHT allowance on the young Publication date: 05.03.2013
Article database » Children » Inheritance tax
It’s nice to be generous, especially if, as a side effect, your estate will pay less in Inheritance Tax. Giving to the youngsters in your family might do the trick, but can you stop them from blowing the cash without scuppering the tax advantage?
More
Don’t miss the deadline for IHT planning Publication date: 24.02.2012
Article database » Inheritance tax » Annual exemption
In a little over a month the 2011/12 tax year ends and some Inheritance Tax (IHT) exemptions will be lost if you haven’t used them by then. What are these, and what steps can you take to ensure you get the most out of them?
More
DIY IHT loan plan Publication date: 04.03.2011
Article database » Inheritance tax » Annual exemption
As the 2010/11 tax year draws to a close you realise that now is the time to make use of your IHT annual exemption. But this will only chip away at the potentially massive IHT bill on your estate. Can making a loan boost your tax saving?
More
Generous gift or an IHT trap? Publication date: 05.02.2010
Article database » Inheritance tax » Annual exemption
As the tax year draws to a close one of our subscribers wanted to make some gifts to use up his Inheritance Tax (IHT) annual exemptions. We reckoned he may have overstepped the mark with his generosity. Why?
More
Being generous saves tax Publication date: 14.02.2008
Article database » Inheritance tax » Annual exemption
For Inheritance Tax there are some simple annual “use it or lose it” exemptions. What are these, and how can you make sure you take full advantage of them before the current tax year ends on April 5 2008?
More

Filter results

Filter your search results by resource type or topic/keyword.

Topics and keywords

        Show all (4604)
Last updated: 31.07.2020
Search
tax-saving-advice.co.​uk

More from Indicator - FL Memo Ltd