HMRC figures reveal that 45% of those who have handout a financial gift understood the implications for inheritance tax (IHT). Only gifts valued at less than £250 individually and £3,000 in total per tax year are exempt from IHT.
There were celebrations all round at Armstrong Watson on Thursday evening after the firm’s Legal Sector Director, Tom Blandford was awarded the coveted title of ‘Yorkshire Accountant of the Year’.
Taking a closer look at what you’re spending as a family can help make significant savings
Spring is finally upon us, and those winter months (even though we’ve had a really mild winter)
ITV’s Tonight Show on Thursday 9th May looked at a the lack of pension savings in the UK.
It estimated that one in four people in work do not pay into a pension, in addition to those who are self-employed and in the temporary, flexible gig economy.