Happy birthday to ERNIE

Happy birthday to ERNIE

Premium bonds celebrated their 60th anniversary last year and even to this day they have remained as popular as ever And, it’s not hard to see that what they offer is closer to a lottery ticket than a viable investment opportunity. More chance of winning the Lottery...
When is £1 million not £1 million

When is £1 million not £1 million

David Cameron famously once said he wanted the Inheritance Tax nil rate band for a couple to be £1 million. Despite not being the Prime Minister any longer, he is finally getting his wish and it is about to start happening with effect from the 6th April 2017,with the...
Inheritance tax planning just being ignored. WHY?

Inheritance tax planning just being ignored. WHY?

Canada Life have recently published their IHT Survey for 2016 and it makes for some very interesting reading. Only a 25% of wealthy Brits have sought professional estate planning advice to ensure their families don’t pay more tax than they have to. Over 25% don’t have...
Make sure the tax planning you are doing is LEGAL!

Make sure the tax planning you are doing is LEGAL!

You may have read recently that HMRC’s are upping the battle against tax evasion and avoidance introducing new penalties against ‘enablers’ of unacceptable tax avoidance schemes. Entirely understandable as the country faces continued funding issues...