You are richer than 93% of people. Not in money, but in time. 108 billion people have lived throughout history. 93% of them are dead. You have what every King and Queen, every Pharaoh and ruler, every CEO and celebrity of the past would give all their wealth for: "Today" Make it a great one! (James Clear)
Calling all my solicitor connections...! If you are a lawyer who wants to learn about the basics of capital gains tax, come to my introductory level live broadcast session next Wednesday It's a online session so you won't have to leave your desk and I will encourage you through worked examples and case studies to understand the key concepts of CGT, recent cases and developments. See you there! hashtag#capitalgainstax hashtag#cgt hashtag#uktax hashtag#taxplanning hashtag#ukcgt hashtag#sellingassets hashtag#lawyers hashtag#solicitors
...I have a lot of Continuing professional education for accountants, tax advisers and solicitors coming up this year with MBL Seminars...
Here is a selection:
CourseDate and time
A Lawyer's Guide to Capital Gains Tax - Understanding the Basics - Learn Live19/02/2020 13:00
Taxation of Trusts & Estates - An Introductory Guide - Learn Live17/03/2020 09:30
Self Assessment, IR35 & Tax - An Accountant’s Guide - Learn Live18/03/2020 10:00
An Introduction to IHT Computations - Learn Live19/03/2020 13:00
An Introductory Guide to Accounting for Trusts & Estates - Learn Live24/04/2020 09:30
Taxation of Trusts & Estates - An Introductory Guide - Learn Live12/05/2020 10:30
Business & Agricultural Property Reliefs - An Introductory Guide - Learn Live14/05/2020 09:30
An Introduction to IHT Computations - Learn Live15/05/2020 14:30
ATED & The Statutory Residence Test - Learn Live19/05/2020 09:30
Taxation of Discretionary Trusts - An Introductory Guide - Learn Live02/06/2020 14:00
An Introductory Guide to Accounting for Trusts & Estates - Learn Live09/06/2020 14:00
Taxation of Trusts & Estates - An Introductory Guide - Learn Live10/06/2020 12:00
Planning & Tactics for IHT - An Introduction for Private Client Professionals - Learn Live15/06/2020 09:30
Non-Doms & Non-Residents - UK Tax Explained - Learn Live22/06/2020 12:30
An Introduction to IHT Computations - Learn Live05/11/2020 12:00
An Introductory Guide to Accounting for Trusts & Estates - Learn Live10/11/2020 12:00
Non-Doms & Non-Residents - UK Tax Explained - Learn Live19/11/2020 12:00
ATED & The Statutory Residence Test - Learn Live02/12/2020 12:00
Taxation of Discretionary Trusts - An Introductory Guide - Learn Live08/12/2020 12:00
Business & Agricultural Property Reliefs - An Introductory Guide - Learn Live10/12/2020 12:00
Planning & Tactics for IHT - An Introduction for Private Client Professionals - Learn Live15/12/2020 12:00
If you wish to know any more, or to book on one of the courses, please see the MBL website
or click here...
Does splitting up affect tax in the UK?
Yes, says guest blogger Megan Saksida of Meganomics, but HMRC may not consider you separated for tax purposes. This is because it depends whether there is ...
It is for the TaxInsider magazine "Helping all taxpayers on their way to living a tax-efficient life".
Issue 163- July 2019
What tax-saving business deductions are available to personal taxpayers?
Meg Saksida highlights tax deductibles that are potentially available to bsuinesses...
12% of the population in the UK are 'gifters' with older, married and wealthier/high income individuals gifting the highest amounts. BUT... less than half are aware of the hashtag IHT implications of their gifting...
A cute article on why we would use trusts and the basic taxing of them
It's been a couple of months since I have updated my blog. I have slept in my own bed for I think about 4 nights since my last update as I have been lecturing all over the UK including London, Manchester, Birmingham, and Bristol... During that time I wrote the following article which is published in the Tax Advisor magazine today.
Exciting changes are coming to my website! Do keep an eye out for articles relevant to you...
IHT planning is the answer to rising house prices in the UK that leave first time buyers struggling...
The UK has experienced a huge increase in house prices since the 1950s, and the so called 'Baby boomer' generation are the ones who have benefitted the most from this. On the other hand the young ones just starting out are really struggling to get on the property ladder, especially in the big cities where their salaries can be up to 10 times less than the average house price. This leads however to an opportunity for the older generation. Through good inheritance tax planning they can ensure that the capital that they have amassed over their lifetime goes to help the generation that they leave behind, their beloved children and grandchildren, and not into the coffers of the government.
40% IHT on money that has already been taxed through income tax, capital gains tax or SDLT, is a lot. So come on baby boomers... you have a 7 year period where you can give away up to £325,000 and not suffer any IHT at all. Use it!