Estate Planning: House prices raise inheritance tax risk

Inheritance tax is usually charged at 40% on the value of your estate over the £325,000 nil-rate band. This includes your property, money and possessions. There’s an additional allowance of up to £175,000 if you pass on your family home to children or grandchildren.  If you’re married, you can effectively combine your thresholds and transfer[…]

Tax planning for a residential landlord.

After a challenging year as a UK residential landlord, you might have read about improvements to the buy-to-let mortgage market in recent weeks. In the three months to 31 May 2021, the average interest rates for a residential landlord have declined. A two-year fixed-rate buy-to-let mortgage fell 0.10 percentage points to 2.95%. A five-year fixed[…]