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  • Kate Godber - Wills, Probate, LPA, Tax and Trusts
    Inheritance Tax in the UK hits an all time high
    September 12th, 2017 by Kate Godber - Wills, Probate, LPA, Tax and Trusts

      In the tax year 2016/2017 the amount of Inheritance Tax (IHT) paid to HMRC was in excess of £4.7billion. Official bodies have also calculated that in the next five years this figure could increase by up to a third, this is a payment of up to £6.1billion. The reason for this increase is a… Learn more

  • Chris Barber - Residential Conveyancing
    Radon
    August 31st, 2017 by Chris Barber - Residential Conveyancing

    Radon Radon is a noble gas which has been classified as “carcinogenic to humans” by the International Agency for Research on Cancer. It is the second largest cause of lung cancer, being a factor in 1,100 deaths annually nationwide. It is odourless, tasteless and colourless making it impossible for those without specialised equipment to detect… Learn more

  • Kate Godber - Wills, Probate, LPA, Tax and Trusts
    Declaration of Trust for jointly owned rental properties
    June 13th, 2017 by Kate Godber - Wills, Probate, LPA, Tax and Trusts

    Did you know?   If you own a rental property with your spouse or civil partner but you don’t split the income equally between you both, there is a dedicated tax form to let HMRC know.   Usually, the shares of a property between two or more people are written in a “Declaration of Trust”:… Learn more

  • Kate Godber - Wills, Probate, LPA, Tax and Trusts
    Probate Fees to increase
    February 21st, 2017 by Kate Godber - Wills, Probate, LPA, Tax and Trusts

    Probate Fees to Increase Probate Fees have been charged at a flat rate of £155 (the Court Application fees) but this is changing to a value based charge, depending on the value of the estate. From the 1st May the application fee will depend upon the value of the estate: Estate Worth Application Fee £50,000.00… Learn more

  • Courtney L'homme - Wills, LPA, Tax & Estate Planning
    Consent Orders: securing a financial “clean break” following a relationship breakdown.
    January 31st, 2017 by Courtney L'homme - Wills, LPA, Tax & Estate Planning

    Separated parties still continue to put themselves at risk of future claims against their assets and livelihood despite there being a simple solution…consent orders. Glen Briers, the founder of popular brand Lambretta, recently had to part with £2.7 million ten years after his divorce from his ex-wife. The reason for this was because they made… Learn more

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