Completing IHT forms
HMRC is in the process of introducing online filing for IHT returns. Online filing is not universally available yet so this blog is based...
Excepted Estates
What is an excepted estate? Majority of estates are excepted estates, meaning there is no Inheritance Tax (IHT) liability because there...
Domicile Status
Being a UK domicile is relevant when it comes to working out the IHT liability on the deceased's estate and the forms being submitted to...
Have you made a Will?
According to the National Consumer Council 30% of over 65s, 45% of 55-64 year olds, and 61% of 45-54 year olds do not have a valid will....
Restricting Tax Relief on Finance Costs for Landlords
Currently, landlords can deduct finance costs such as mortgage interest from their rental income before calculating their tax liability....
