UK Tax Blog

UK & Offshore Tax Planning Blog

Dangers of the inheritance tax transferable nil rate band

Under these new inheritance tax provisions if your spouse doesn't utilise their nil rate band you'll effectively be entitled to an additional nil rate band. The key to this is that your own nil rate band at the date of your death is increased by the…

Using trusts to save inheritance tax on properties

The tax treatment of trusts has changed pretty radically over the past few years. Even after the tightening up of the rules though, they can still be effective in reducing inheritance tax. This is particularly the case if you have substantial…

Living in a buy to let property to reduce capital gains tax

Anyone owning a buy to let property will be looking to reduce capital gains tax on a future disposal. One of the most popular ways to do this is to occupy it as a main residence before disposal. This article looks at what you need to do to establish…

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