by DEB Chartered Accountants | Aug 16, 2013 | Accountancy
It would appear that the answer to this is when it is a debt used to obtain some form of Inheritance Tax (IHT) advantage. Changes announced by the Budget 2013, when implemented, will have a significant effect on Inheritance Tax planning. The proposal is to disregard...
by DEB Chartered Accountants | Jul 29, 2013 | Accountancy
In an attempt to increase tax revenues without affecting middle income earners, the treasury introduced legislation back in 2010 that removes the personal allowance of those earning over £100,000. This legislation is still with us, and is affecting more people each...
by DEB Chartered Accountants | Jul 26, 2013 | Accountancy
If you have not yet made a Will then it is very important that you seriously consider rectifying this. A Will is essential if you are to minimise your Inheritance Tax (IHT) liability, ensure that your assets are distributed as you desire, and make sure that all your...
by DEB Chartered Accountants | Jul 11, 2013 | Accountancy
As a director of a company you may feel that the limited liability status of the company will enable you to walk away from a failing company without any personal liability. However, under current legislation a liquidator or an administrator of the company may be able...
by DEB Chartered Accountants | Jul 10, 2013 | Accountancy
If your accountant offers you fee protection insurance – do you take it out? Like most insurances, people generally look at fee protection insurance in one of two ways. To some it will represent invaluable peace of mind knowing that they have some extra...
by DEB Chartered Accountants | Jun 11, 2013 | Accountancy
It is staggering that a large majority of people do not have a Will. Yet if they own such possessions as a home, car, investments, a business, jewellery, works of art, or any items of value then they really do need a will. A will enables you to decide to whom you...
Recent Comments