Furnished holiday lets – latest update

Furnished holiday lets – latest update

The time to claim capital allowances on your FHL is now As predicted, the government is still going ahead with their plans to remove the tax advantages that current furnished holiday let owners enjoy. The proposed revisions include: Applying the finance cost...
How can Trusts mitigate Inheritance Tax?

How can Trusts mitigate Inheritance Tax?

Using Trusts to Reduce Inheritance Tax and Preserve Wealth Inheritance Tax (IHT) is a significant concern for individuals looking to pass on their wealth to loved ones. With the current IHT threshold set at £325,000 per individual, any value above this is taxed at...
Maximise your tax efficiency when investing in property

Maximise your tax efficiency when investing in property

Tax-Efficient Strategies for Property Investors and Landlords Investing in property can be a lucrative way to generate rental income and benefit from long-term capital appreciation. However, to maximise your returns and minimise liabilities, it’s essential to...