Good with money lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
Capital gains lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
Continuing the frenetic pace of recruitment displayed in 2021, 2022 has begun with Allen & Overy (A&O) adding an established antitrust partner from Sidley.
My grandparents have kindly offered to pay off a six-figure sum off our mortgage.
We are due to remortgage in the coming months and although I m blown away by their potential act of extreme financial kindness, I worry we will have a tax sting further down the line.
Essentially, my grandfather is a successful business owner and is still paid a regular salary. He still gets involved from time-to-time despite being in his mid-90s.
If he made this kind gift from a salary he is paid from work, does it make any difference?
I have politely declined the money stating about the tax implications, but he is insistent, saying that the money is sitting around in a current account doing nothing. What would happen if I accepted the cash? Via email