Successful Autumn Rural Seminars
Greaves West & Ayre recently held two successful and well-attended Port Budget Rural Seminars.
Greaves West & Ayre recently held two successful and well-attended Port Budget Rural Seminars.
It is difficult to recollect a more seismic Budget in recent times. The last major changes to Inheritance Tax were made in 2006, but mainly in relation to Trusts. There was an expectation that Inheritance Tax reliefs would be reformed, most likely for landlords who lease out land which qualifies for Agricultural Property Relief (APR). It was considered much less likely that Business Property Relief (BPR) would be reformed, and there was a distinct lack of speculation in this regard.
Wednesday 5 April 2025 sees the end of the current Tax Year. Following the new Chancellor's plans to continue to freeze
and in some cases reduce tax-free allowances; it is more important than ever to make the most of some timely tax planning.
As we continue to battle the cost-of-living crisis, more than ever, parents and grandparents are considering gifting money or assets to help their children take their first steps to a financially independent future.
The increased interest in crypto assets has been noted by HMRC. If you invest or trade in crypto assets you need to be aware of how this will affect your tax.
If you want to make a difference in your community, supporting local organisations through a donation or leaving a gift in your will could make a real difference. We explain how to give, and an overview of the tax benefits to giving.
Wednesday 5 April 2023 sees the end of the current tax year so now is the time to think about how to make the most of the allowances and reliefs available to you.