Inheritance tax – could the rising value of houses push more ordinary people into the inheritance tax bracket?

The last thing you want to think about when you’re mourning the passing of a loved one is divvying up the estate (including the taxman’s cut). However, because of the rise in value of property in the UK, more people are finding that they fall into the inheritance tax bracket, and are getting hit with … Read more

The devilish detail on inheritance tax

By tax and inheritance specialist Carolyn Snellgrove with Gamlins Law When Chancellor George Osborne announced significant changes to inheritance tax (IHT) in last summer’s Budget speech, the move had been much anticipated. But rather than simply raising the tax-free threshold for everyone, he announced a new allowance specifically for those who own their home and … Read more

Property owners win and lose in Osborne’s first fully Tory budget

[vc_row][vc_column width=”1/1″][vc_column_text]Action towards a new living wage caught the headlines as Chancellor George Osborne delivered his first Budget statement under a Tory majority, alongside good news for families who want to pass on their property wealth to future generations.   The Chancellor announced that economic growth forecasts would be held for 2015 and 2016, but … Read more

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