Monthly Archives: July 2014

Investing Corporate Cash

Cash on the balance sheet can have a negative effect on business property relief but maybe not entrepreneurs relief. Investing it requires care. Business needs, risk assessment and tax consequences must be understood before taking action.

Looking at the new proposals for taxing discretionary trusts

A Fairer way of calculating trust charges (the 3rd consultation) sets out a new basis for applying inheritance tax to discretionary trusts. Whatever is implemented in legislation next year will apply to trusts created on or after 7th June 2014 .There’s a need for advisers to consider how various financial product/trust combinations will be affected.

Mind The (Tax) Gap

The government continues its relentless attack against aggressive tax avoidance. I take a look at their strategy and how to keep the right side of the line with financial planning strategies. Boring is the new exciting.