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Personal tax

A warning for beneficiaries of discretionary trusts

The beneficiaries of discretionary trusts may not benefit from the government’s £50,000 deposit safeguards, says Sussex law firm Adams & Remers.

Tax efficiency when considering savings and investments

While tax efficiency should not be the only thing to consider when choosing savings and investments, it is always worth considering any opportunities that reduce your tax bill.

HMRC interventions begin targeting property letting

Accountant and business adviser PKF is urging those who receive an ‘intervention’ letter not to ignore it – even if they have not made profits on their letting.

Grandparents should consider gift plans

By making gifts to their family via gift plans, grandparents can place any growth on the investment outside their estates immediately.

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