Should I gift a lump sum from my pension to family? Understanding the Inheritance Tax implications
You are likely aware of the upcoming inclusion of unspent pension pots for Inheritance Tax (IHT) calculations from 6 April 2027. This has sparked a…
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Mixed picture for UK mergers and acquisitions– Where do the opportunities lie?
Mergers and Acquisitions (M&A) are a core part of business growth and resilience. Done well, the acquiring business benefits from a new market and the…
Bank lending to UK businesses has dropped to the lowest level in 30 years
Weak economic growth and tighter regulations on lenders are to blame for the largest drop in bank lending to UK businesses in 30 years, according…
HMRC raise mileage rates and allowances
Chancellor Rachel Reeves announced an increase in HMRC’s approved mileage rates for cars and vans from April 2026 for the first time since 2011 in…
Classic cars, jewellery and handbags – How high luxury is accounted for in Inheritance Tax
Inheritance Tax (IHT) is paid on all items of your estate after you pass away if you exceed certain thresholds. Whilst many people focus on…
Government summer savings spree adds complexity to VAT for hospitality and tourism
When Rachel Reeves announced a temporary cut in VAT from 20 per cent to five per cent for family attractions and children’s dining over the…