The Inheritance Tax residence nil rate band – are you sure you qualify?
From 6 April 2017, the standard inheritance tax nil rate band, which is currently £325,000, was enhanced by an additional “residence nil rate band” (RNRB). This was designed to be fulfilment of the Conservative party’s promise to increase the inheritance tax nil rate band to £500,000 per individual or £1 million per couple. The RNRB […]
Pensions – some nasty traps!
Birmingham chartered accountants and business advisers Friend Partnership give important advice on pensions. Urgent advice may be needed so read on… With all the recent changes to the tax treatment of pension contributions, planning in this area has become much more of a minefield than ever it was. Individuals are understandably concerned about what might […]
