Tax Issues

Below are our 9 articles in the 'tax issues' category:

Debt After Death
The level of consumer debt in Britain has recently reached £1 trillion. This is formed in large part, of increasingly large mortgages, precipitated both by increased house prices and relatively low ...
How Much Tax Should I Pay?
Inheritance Tax or IHT, is a tax which is paid on a deceased individual’s estate. Unfortunately, IHT is the time at which life’s two great certainties come at the same time: death and taxes. ...
Informing the Inland Revenue of a Death
When a loved one dies it is perfectly understandable that the practical concerns of death should be the things that those close to the deceased individual want to think about the least. However, ...
Off Shore Accounts
Many people – when they hear the phrase Off Shore Account – believe it to be something shrouded in mystery and something which may even be illegal; this is simply not the case.

Anyone who ...
Tax Issues for Co-habitees
The addition to the statute books of laws granting civil partners equal rights and responsibilities in the field of taxation were given a warm welcome by those who had campaigned for the financial ...
Terminal Illness Benefits
Coping with the discovery that you have a terminal illness is of course, an incredibly difficult thing to have to do. It is also, however, hugely distressing for those around you, particularly if it ...
What is Discretionary Will Tax?
Inheritance Tax is a financial blight for many people. As it currently stands (for the 2006-2007 tax year) Inheritance Tax is a duty which must be paid on all estates which total more than £285,000. ...
What is Inheritance Tax
Inheritance tax (also sometimes incorrectly referred to as 'death duty'), or IHT, is a tax which is payable upon the death of an individual. Today's inheritance tax has its origins in the 'legacy, ...
What You Need To Know About Bereavement Payments And Bereavement Benefits
The death of a loved one is, of course, an incredibly difficult time on an emotional level. Furthermore, it can be financially devastating, particularly if you have lost a partner who also ...

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