Blogs

Gift tax, as it’s commonly referred to, doesn’t exist in the UK in the same way it does in some other countries. However, understanding the implications of gifting large sums, like 1 million pounds, is crucial…

Inheritance tax in the UK can be a complex matter, with various rules and stipulations that dictate how much tax is owed after someone’s death. One key aspect of this tax system is the 7-year rule,…

Double taxation relief while paying inheritance tax was introduced to avoid paying double inheritance tax for assets held by one person in different countries.  If there was no treaty for double taxation relief between countries, you…

Introduction Estate planning is an important part of financial planning in the United Kingdom. It’s a way of protecting and managing your assets after you pass away, to ensure that they are distributed according to your…