Month: January 2021

Will there be Inheritance Tax on my estate?

Tax bills can have a way of creeping up on you. One that really shouldn’t is Inheritance Tax which has been described as a ‘voluntary tax’. This is because during your lifetime you can implement plans which can reduce the size of your estate on death such that no Inheritance Tax is payable. Yet HMRC…

Get your planning right for the tax year end

If there is one time in the year when we should pay special attention to our financial planning it is this. Why? Well simply because another tax year is coming to an end on 5 April. A number of tax allowances are like the special bread that the Israelites ate during their wilderness years. If…

Incremental changes will do it

What are you still wanting to achieve in your life? As we move into the new year it is good to pause for a moment to think about what we might do differently this year. After all it was recognised by someone back in the 19th century that ‘The definition of insanity is doing the…