A growing concern is emerging among small business owners, as government tax reforms could inadvertently force 15,000 family-run businesses into closure. A recent warning highlights the potentially devastating impact of proposed pension tax changes, particularly those involving Inheritance Tax (IHT) and the treatment of family business assets. Understanding the Pensions Tax Raid At the heart...
Selling a probate home comes with its challenges, but the Stamp Duty Land Tax (SDLT) deadline adds an extra layer of urgency. Buyers eager to save on stamp duty may walk away if delays arise. Understanding these challenges can help sellers avoid losing potential buyers. What is a Probate Home? A probate home is a...
Cryptocurrency is a growing asset class, but many individuals overlook its importance in estate planning. Unlike traditional assets, digital currencies require special considerations to ensure they are accessible and protected after an owner’s passing. Without proper planning, beneficiaries may struggle to recover these valuable assets. Why Cryptocurrency Estate Planning Matters Unlike cash or property, cryptocurrency...
Copyright by CareAccountancy. All rights reserved.
Copyright by CareAccountancy. All rights reserved.
