by Fusion | May 22, 2017 | Inheritance Tax, Nil Rate Band, Tax, Uncategorized, Wills
In the Conservative election manifesto from 2007 there was the promise to raise the Nil Rate Band (NRB) to £1m. In 2015 they achieved a majority government and in order to achieve this, rather than simply increase the existing NRB they decided to introduce a new...
by Fusion | May 11, 2017 | Inheritance Tax, Intestacy, Landlords, Tax, Wills
Having worked with a number of landlords over the past year in relation to the mortgage interest relief issues, it has astounded me how few have got wills in place and of those who do, how many actually take into account the large estates and complex...
by Fusion | Apr 24, 2017 | Uncategorized
Fusion Partners offer free IHT consultations in person or over the phone. We can assist with passing assets down the generation or protecting for the future. Get in touch now to see how we can help. The announcement of the £1m nil rate band has many families...
by Fusion | Oct 5, 2016 | Fusion
If you have clients who have geared property portfolios they could be in for a shock next year. The government have decided to restrict tax relief on mortgages to basic rate, resulting in a significant increase in landlords tax bill where they have significant...
by Fusion | Apr 24, 2016 | Uncategorized
As a result of tightening of anti-avoidance legislation HMRC are extending the remit of DOTAS to cover more IHT schemes. While IHT has always been subject to DOTAS (the Disclosure of Tax Avoidance Schemes) the test for it to apply has been quite restrictive and in...