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PRIVATE CLIENT TAXES


Paul Howard sets out the tax consequences for the different methods of finance

National insurance contributions: whether official record of contributions paid correct

CGT: whether house used as principal private residence

A tax credit would be more progressive than the government’s proposal to levy a lower rate of inheritance tax where the deceased leaves a charitable legacy of 10% or more of their estate, the ICAEW Tax Faculty said.

A bogus financial adviser was jailed for three years after Hull Crown Court heard that he persuaded more than 30 people to make unauthorised transfers of £3.4m from pension funds to avoid paying tax of £1.9m.

Ian Maston outlines how the IHT business property relief rules apply to groups of companies and similar structures

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