Blogs from Larking Gowen

In my recent inheritance tax blog I commented on the need for a valid will. A will directs the distribution of your estate, but how can you save inheritance tax?

Welcome to the fifth and final part of our five part insolvency blog covering the most frequently asked questions around insolvency and liquidation.

We are living in changing times in the tax world. Following the reporting of several high profile cases in the press, tax planning that was once considered unexceptional is now seen as morally unacceptable tax avoidance. The spotlight has turned on those with offshore assets so, if this applies to you or you are either non-resident or non-domiciled and have an interest in an offshore trust, read on.

In a recent blog I highlighted how the Government is trying to crack down on tax relief for buy-to-let landlords. Now I’ll consider how the proposed new property tax changes regarding residence relief and letting relief will affect some property owners.

With the Agriculture Bill making its way through parliament, the transition towards farmers being paid for ‘public goods’ is well underway. 

In the lead-up to the 2018/19 P11D filing deadline of 6 July 2019, I thought it would be helpful to employers if I recap the exemption available for trivial benefits and what the criteria are.

Yet another aspect of the Government's view for the future of the farming industry was unveiled in April with the issue of a consultation paper on proposed changes to the legislation governing agricultural tenancies.

No one likes to be reminded of the need to plan ahead with its specific implications but it’s the key to reducing the impacts of inheritance tax (IHT). The old adage that it’s ‘never too soon but often too late’ comes to mind but with expert advice, planning and guidance you can make sure your assets are protected and the family isn’t left with an excessive inheritance tax bill.

Most shares or options acquired by employees or directors in a company that is, or is connected to, their employer are ‘employment related securities’ (ERS).

Welcome to part four of our five part insolvency blog covering the most frequently asked questions around insolvency and liquidation. Part four will cover the most frequently asked insolvency questions by employees.