The changes to Agricultural Property Relief and Business Property Relief will have significant impact on farmers and business owners that may previously had no Inheritance Tax (IHT) liability.
Posts by Adam Smith
Adam provides details about claiming relief via the Gift Aid scheme and gifting quoted shares and land to a charity.
Adam outlines changes to the ‘non dom’ regime, foreign income and gains, and Inheritance Tax.
In the wake of a new tax year, we have compiled a summary of the changes that are coming in for trusts and estates from 6 April 2024.
Adam provides a summary of the National Insurance changes announced by the Chancellor.
You may find that increases in your income push you into higher rates of tax or that ultimately you may see your tax liability increase, Adam explains what you can do to make the best use of your tax allowances.
Adam explains the existing obligations for taxable trusts and the requirement for new non-tax paying trusts to register and update trust records on the TRS.