You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Check if your estate is protected from the tax man.
At Connected Accounting we can help people in the St Albans area with inheritance tax planning and estate planning. Here are some useful pointers...
It is never too early to plan your estate. If it is large, it could be exposed to inheritance tax at 40%, and if it is small, advance planning can help you ensure that your assets will go to your chosen beneficiaries.
Estate planning begins with the following decisions:
A Will should also stipulate who is to be your minor child(ren)'s guardian. Although making a Will makes your decision legally binding, the Will can be amended any time you change your mind.
Start by completing the following survey. Every 'no' answer indicates an area where estate planning issues should be addressed.
SEEK OUR ADVICE FOR EVERY 'NO' ANSWER
If you are in the St Albans area and would like advice on inheritance tax planning and estate planning, please contact Connected Accounting today. We will be delighted to assist you.
22 Oct 2024
The government has launched the British Infrastructure Taskforce, which will aim to boost business confidence in UK infrastructure investments and unlock private investment.
21 Oct 2024
According to the BBC, the government is planning inheritance tax (IHT) increases at the Autumn Budget on 30 October.
18 Oct 2024
The UK's business groups have voiced concerns over a potential rise in employer National Insurance contributions (NICs) in the Autumn Budget.
17 Oct 2024
HMRC's decision to make it easier for taxpayers to file a paper tax return has been welcomed by the Low Incomes Tax Reform Group (LITRG).
16 Oct 2024
UK inflation fell to 1.7% in the year to September, the lowest rate in more than three years, according to the latest figures from the Office for National Statistics (ONS).
15 Oct 2024
More than 10,000 payments worth £12.5 million have been made through a new digital service to boost people's state pension, HMRC has revealed.
14 Oct 2024
The government's Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned.
11 Oct 2024
The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she will need to increase taxes or borrowing at the Autumn Budget if she is to fulfil her commitments to increasing investment spending and funding public services.
Get in touch with us today for a fresh perspective and a free consultation.