For many property owners and business families, inheritance tax (IHT) planning sits on the “we’ll deal with it later” list. But what happens to the family wealth when you’re no longer here? When estates start growing beyond a few million pounds, leaving planning too late can result in a significant proportion of family wealth being […]
Tag Archives: Tax Planning
Business Tips, Tax Advice, Tax Planning, Tax Tips
Thinking About Stepping Back One Day? Apple’s CEO Handover Has a Lesson for You
13
May
May
Last month, Apple announced that Tim Cook will step aside as Chief Executive on 1 September 2026, handing over the role to John Ternus, the company’s long‑standing head of hardware engineering. Cook isn’t stepping away completely; he’ll still remain involved as executive chairman, helping support the transition and ensure continuity. Apple described this change as […]
03
Apr
Apr
In recent years, the allowances for Inheritance Tax (IHT) have remained stagnant. Consequently, an increasing number of individuals are now liable to pay this tax, which is commonly known as the “death tax”. To mitigate this tax, gifting for Inheritance Tax has become more prevalent. If you are not familiar with how IHT works, here’s […]
HM Revenue & Customs, Tax Advice, Tax Planning, Tax Tips
Do you want to transfer the ownership of your investments to your spouse to save tax?
08
Feb
Feb
Have you been thinking that if you could just transfer some of your investment income to your spouse then you will have a lower tax liability? If so, you are not the only one. This is a common question when we prepare client’s tax returns. Having just completed the tax season and nearing the end […]
16
Apr
Apr
The government has committed to investing £22 billion in R&D by 2025 and this was again confirmed in the 2021 budget. The UK is recognised as a world leader when it comes to research and innovations
HM Revenue & Customs, Myers Clark Updates, Tax Advice, Uncategorized
Chancellor’s Summer Economic Statement
10
Jul
Jul
The Chancellor said the aim was to “give everyone the opportunity of good and secure work, so no one is left without hope.”
The death of a spouse or partner is a very difficult experience…