Tagged: taxman

Inheritance tax planning

Keeping your hard earned assets out of the hands of the taxman

Effective inheritance tax planning could save your beneficiaries thousands of pounds, maybe even hundreds of thousands depending on the size of your estate. At its simplest, inheritance tax (IHT) is the tax payable on your estate when you die if the value of your estate exceeds a certain amount.

Are you taking advantage of your ISA allowance?

The earlier you invest, the longer your money is outside of the reach of the taxman

By investing earlier in the tax year, you could make sure that you are using your Individual Savings Account (ISA) allowance to its full advantage. The earlier you invest, the longer your money is outside the reach of the taxman and has the opportunity to work harder for you.