Business Bulletin Magazine

Inheritance tax – that seven-year rule – what it’s all about?

December 14, 2021December 20, 2021 Tim Mullock 293 Viewsinheritance tax

Have you started thinking about estate planning? Let’s hope you have. If the answer’s ‘no’, then today is as good a time as any. And there’s no better way to start than by looking at the famous ‘seven-year rule.

Finance

Is your property portfolio safe from tax?

August 17, 2021September 14, 2021 Tim Mullock 279 Viewscapital gains tax, CGT, IHT, inheritance tax, property

Changes to Mortgage Interest Relief came into effect in 2020 a year on has much changed? Landlords have been limited to income tax relief at the basic rate of 20%. They have seen a large increase in their taxable profits and a corresponding drop in ‘real’ profits.