Tax and Financial Planning

• HMRC Moves Remittance Basis Goalposts

  • Posted5 November 2014

  Expats sometimes arrange for offshore income or gains to be used as collateral for a loan, which can make funds available in the UK which would otherwise not be. Accordingly,...

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• Power of Attorney Cancelled After Court Challenge

  • Posted24 October 2014

  When the holder of a Lasting Power of Attorney (LPA) does not act in the best interests of the person who created the power, an application may be made to...

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• Homeowner Wins Garage Extension VAT Dispute

  • Posted24 September 2014

  The owner of a listed home has avoided a hefty VAT bill in respect of the construction of a garage to house his classic car collection after the First-tier Tribunal...

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• Relationship Break-Up and Tax

  • Posted20 August 2014

  Getting divorced is never a pleasant experience and couples going through the process have a lot to think about. Whilst management of the tax consequences of the split is not...

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• More Time for Pension Planning Announced

  • Posted23 July 2014

  The new regime that will apply to pensions from April 2015 was the chief surprise in this year’s Budget. Under the old tax rules applying to pensions, an individual...

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• Repair Obligations Do Not Create IHT Charge

  • Posted4 July 2014

  Yet another attempt by HM Revenue and Customs (HMRC) to persuade the court that a gift of a property from parent to child should be a ‘gift with reservation of...

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