Many think that selling their own home is tax-free. In this blog, I outline examples of when this might not be the case. Private residence and lettings relief Principal Private Residence Relief (PPRR) is a Capital Gains Tax (CGT) relief which makes the sale of a person’s home exempt from CGT if certain conditions are […]
Read MoreFamily Business Challenges and how to Overcome them
Approximately 65% of our clients are family-owned and run. As we have been in business as long as we have – that means we are working now with third and fourth generation businesses. We know, more than most, the challenges that come with working with family members. In this post I hope to discuss some […]
Read MoreThe Top 5 Common Urban Myths Surrounding Inheritance Tax (IHT)
A recent survey of 1400 adults by the insurers Aviva, has revealed widespread misunderstanding of the IHT exemption rules. I thought you may be interested in some of these common myths – because you may well hold one of them yourself!
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