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Posts Tagged ‘inheritance planning’

Balancing charity giving with bequests

One of the “surprises” of the 2011 Budget was the announcement that the Government intended to reward those who leave money to charity after their death. Effectively the Inheritance Tax Charitable Relief scheme allowed those leaving 10% of their estate to charity would receive tax relief of the equivalent amount. The consultation process aimed at…

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Calculating an Inheritance

The recent HMRC investigations into small business tax, including that of plumbers and restaurants, have received fairly wide publicity. However, according to accountancy firm UHY Hacker Young, there is another area which HMRC have been quietly spotlighting over the past year and that is inheritance tax. Over the course of 2010 HMRC investigated 9,368 inheritance…

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