Articles

Planning, retirement, pensions, a second opinion

07.12.2011

Chris and his wife had been “advised” by a family friend for years, until his accountant suggested that they get a second opinion upon their pensions and planning for their retirement.

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ASPL Guide to Capital Gains Tax

15.07.2011

When you sell or give away an asset for more than you paid (or it’s worth more than when you were given it), you have made a “capital gain”. Most capital gains are liable to Capital Gains Tax (CGT) but because of the various exemptions, many gains can escape the tax altogether, or are taxed at a low rate.

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ASPL Guide to Inheritance Tax

08.06.2011

Inheritance Tax is a tax on what you leave in your Will (and on gifts you make in your lifetime to some Trusts and companies). It only affects people who are likely to leave more than £325,000 (since 2009/10). This allowance will remain at £325,000 until the 2015/16 tax year, after which it will be index-linked.

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