Seven-year rule: how to get your kids on the property ladder without paying IHT

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Everyone would like to help their family get on the property scale – preferably without unnecessarily raising taxes. We watched the first three parts of our series advantages and disadvantages of equity release,, guaranteed mortgages and layout assets in funds. Last week the … Read more

A little-known levy on an inheritance tax that could save families £ 140,000

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Nearly two million people said they plan to cut last year after the holidays removed one of the biggest barriers to relocation, real estate builders Audley Villages say. It comes as thousands more are expected to pay this year due to high pandemic … Read more

How can you protect £ 975,000 from inheritance tax with this little-known trick

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Thousands of people could pay a lot unnecessarily inheritance tax (IHT) bills each year as a once widely used tax gap are almost forgotten. They each have a personal IHT allowance – a zero-rate range – of £ 325,000, above which their property … Read more

Do I have to pay capital gains tax when I donate a property?

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The annual allowance is £ 12,300. Any profit above this is taxed at 18% for a base rate taxpayer or 28% for a higher rate taxpayer. In the vast majority of cases, CGT is not paid for gifts to a husband, wife, civil … Read more

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