Estate Planning & UK Tax Changes Recent changes to UK tax laws have significant implications for how we plan our estates. With frozen thresholds and new caps on reliefs, many families are finding that their estates may now face Inheritance Tax (IHT) liabilities they hadn’t anticipated. Understanding these shifts is crucial for protecting your assets…
Premium Bonds are a popular way to save, but many people are unsure how they fit into their estate planning. With Inheritance Tax potentially taking a significant portion of your assets, it’s crucial to understand where your Premium Bonds stand. This guide will explain how Premium Bonds are treated for Inheritance Tax (IHT) purposes and…
The UK Trust Registration Service (TRS) is a new online platform which trustees should use to register trusts with HM Revenue & Customs. The service came into existence in 2017 and as from 1 September 2022, most trusts will need to be registered. HMRC have the discretion to share information with other authorities who may…
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