Inheritance tax – could the rising value of houses push more ordinary people into the inheritance tax bracket?

The last thing you want to think about when you’re mourning the passing of a loved one is divvying up the estate (including the taxman’s cut). However, because of the rise in value of property in the UK, more people are finding that they fall into the inheritance tax bracket, and are getting hit with an inheritance tax bill they were not expecting. What is inheritance tax? It’s exactly what it says – a tax on the estate (including property, possessions and any money) of a deceased person. Thresholds are…

Are you caught by the Modern Slavery Act?

In October 2015 Parliament agreed the Regulations that are required to bring s.54 of the Modern Slavery Act 2015 into force. Under this somewhat controversial legislation certain employers are required to prepare and publish an annual anti-slavery and human trafficking statement. This starts from 31 March 2016. Thankfully, there is some good news for smaller employers here. You will completely escape this new regulatory burden if your annual turnover is under £36 million. There are no plans to lower this threshold at any point in the future. If you would…

Powered by How to backup and restore wordpress site

error: Content is protected !!