Latest posts
Abolish CGT & IHT
IHT and CGT tax the same assets, they tax them at different times under different circumstances, but do we need both? I am going to propose scrapping them and replacing them with one tax. We could also extend the argument to Stamp Duty but I won’t spend much time talking about that. There’s been some…
Chancellor’s Cash ISAs changes & Why ISAs are crap to begin with?
You’ve probably seen these reports about the Cash ISAs being restricted to £4,000 and no doubt seen its almost universal condemnation. Me, I wonder if this has been leaked to test the appetite for it with the public. Odd that it’s come now when interest rates are much better, the time to do this would…
Unanswered Questions about the new Pension Death Benefit rules
The changes to pension death benefits seem simple on the face of it, but there are still unanswered questions and possible planning opportunities to be had. Will Pensions cause the Residence Nil Rate Band to Taper? If you have total assets over £2m including pensions, will the taper apply? I have not been able to…
Rare Circumstances when Gifts make IHT Worse!
Don’t get caught out by this, the Transferable Nil Rate Band only applies on death, it can not be used to settle gifts. Usually it doesn’t matter but occasionally its does. This is a video I first made in 2022, I have re-edited some parts of it but it remains valid today (April 2025).