2 October 2020 Webinar Private Client Webinar: A window of opportunity for Inheritance Tax planning? Andrew Playle, John Grundy, Deborah Clark and Elizabeth Field discuss current legislation and Inheritance Tax Planning. Bookmark this page
16 April 2020 Insight Silver Linings - is now the time to consider estate planning? Analysts are warning the current economic crash may be worse than the 2008 Financial Crisis. With wealth decreasing, you may consider this a bad time to give to family members. Critically, you should not give away more than you can afford: you must have enough to guarantee your own security. But, if you have sufficient wealth to weather the storm, this may be a golden opportunity for estate planning. Bookmark this page 1 min read
16 April 2020 Insight Coronavirus Not from the UK but stuck here? You could be affected more than most by the coronavirus If you don’t ordinarily live in the UK but you have been stranded here, or if you know someone who has been stranded here, then you need to take note of the following. The statutory residence test (SRT) allows for limited “exceptional circumstances” and HMRC circulated guidance on 17 March on what that means in light of the pandemic. Bookmark this page 2 min read
16 April 2020 Insight Coronavirus Family Investment Companies remain an effective estate planning tool despite HMRC attention Before coronavirus dominated the headlines, you may have noticed the weekend papers announce that HM Revenue & Customs (HMRC) have set up a special unit to consider the growing use of family investment companies (“FICs”) to reduce inheritance tax. The articles suggested that HMRC were concerned about the inequality and the perception that the wealthy avoid taxes by using “sophisticated legal instruments”. Bookmark this page 5 min read