by Zoe Towlson | Nov 1, 2024 | Churchers News, tax-trusts-team
As expected, Rachel Reeves announced major changes in the Autumn Budget on Wednesday to increase tax revenue. The Inheritance Tax (“IHT”) nil rate band of £325,000 has been frozen further until April 2030, which may mean more estates are liable to tax. The residential...
by Zoe Towlson | Aug 24, 2023 | buy-sell-home, Churchers News, tax-trusts-team
Anyone who has turned on the TV during the day will be familiar with the barrage of adverts extoling the virtues of equity release. With the cash in our pockets seemingly worth less and less, are these schemes the answer? As with everything, there are pros and cons...