Archive for November, 2010
4 Things Everyone Should Know About Inheritance Tax
by in November 17th, 2010
Topics: tax avoidance, Tax Tip
Inheritance Tax (IHT) is one of the oldest and best known taxes in the UK. Introduced as long ago as 1796, the tax currently raises almost £4 billion a year for the UK government. However, there have been a number of changes to the way that IHT works in the UK over recent years, and [...]
What Everybody Ought To Know About Capital Gains Tax
by in November 3rd, 2010
Topics: Tax Tip
Have you made a profit on an asset? If you have, it is possible that you will have to pay some Capital Gains Tax (CGT). However, the rules for CGT are complicated and incorporate gains and losses, exempt items, annual allowances and multiple tax rates. Our guide explains what Capital Gains Tax is and when [...]
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