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Is IHT mitigation always worth doing? | Money Marketing

Gifting, making investments that benefit from agricultural or business property relief, and using trusts are common ways of mitigating IHT. However, estate planning can be complicated and clients may be tempted to jump through various hoops to save on IHT. Is this always worthwhile? ....

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Honouring teaching excellence | Maribyrnong & Hobsons Bay

The Altona City Rotary Club has recognised the best of the region’s teachers as part of the fifth annual Hobsons […] ....

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Keystone Law : 'Outstanding' Keystone Law commended for its 'second to none service and high level of expertise' in The Legal 500 2023

Keystone Law has achieved its most successful results to date in leading legal guide The Legal 500 2023, ranking in 49 practice areas, including 7 new department rankings and over 150. | September 29, 2022 ....

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Revolving doors: Shoosmiths lands Telefónica GC amid hiring spree

Revolving doors: Shoosmiths lands Telefónica GC amid hiring spree
legalbusiness.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from legalbusiness.co.uk Daily Mail and Mail on Sunday newspapers.

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Inheritance and capital gains tax allowances frozen

Inheritance and capital gains tax allowances frozen
By
Sonia Rach
3
Image credit: HM Treasury
Chancellor Rishi Sunak has announced that he will be freezing a number of tax allowances, including the pensions lifetime allowance, inheritance tax thresholds and capital gains tax thresholds.
In the Budget today, he said it is fair “to ask more of those who can afford to contribute to protect those who cannot.”
However, Quilter tax and financial planning expert Rachael Griffin says: “Politically, the chancellor doesn’t want to be seen to be increasing taxes, or reducing any allowances, in this economic environment and one stealthy way of avoiding these fiscal constraints is to raise tax by the back door by freezing personal tax thresholds, the pensions lifetime allowance and the annual exempt amount for CGT. So for now, Sunak has started a fiscal ice age by freezing the tax rate thresholds after they increase in 2021/22, whi ....

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