Holiday Homes in HMRC Tax Crackdown

Q. I have heard that HMRC are going to be targeting owners of holiday homes abroad. I know several colleagues who have invested in property this way. Is this something that should unduly concern them? A. With the Office for National Statistics revealing that one in seven people in their fifties or sixties have a [...]

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HMRC Clampdown On Estate Valuations

Q. I hope it’s a long way off yet but my parents, who are now in their seventies, have become increasingly worried about Inheritance Tax. They had successful careers, and live in a very large house worth a lot of money. It occurred to me that what with property values having taken a hit, how does the Revenue [...]

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Income Tax Rises 2010 – Will You Be Affected?

Large rises in income tax are due to take effect from next April for people earning over £100,000. New rates of tax were announced by the Government in the recent budget and they are going to hit many of our clients hard!  This is because our clients tend to be higher earners, with many in [...]

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