Featured here is an official Inheritance Tax Account form that would be submitted to HMRC and a scroll Inheritance tax clearance certificate application. The pocket watch is set to midnight – the end of time, your time. In the UK, when your time comes to an end and you die, without Estate Planning to minimise taxation the benefactors of your estate could find themselves subject to paying Inheritance Tax to the UK Government. A submission of the value of the total estate must be made to Her Majesty’s Revenue & Customs. If any tax has to be paid, the Government will take the tax and then issue a clearance certificate for the estate to be dully distributed amongst the beneficiaries.
Hermes has completed the sale of a majority stake in its business to US fund giant Federated Investors. Federated has bought a 60 per cent interest in Hermes, which is best known for its envinromental, social and governance funds, for £246m. A provision for excess regulatory capital brings the total cost of the deal up […]
Journalists will always be biased one way or another, but the same luxury does not apply to advisers
The problem with the pension system in this country is that our labyrinthine piles upon piles of bewilderingly complex rules and regulations are in place, by and large, to stop a tiny number of people from saving too much money. But the vast majority of the population save far too little for the future. This […]
Three of our UK fund managers – Adrian Frost, Ed Legget and Mark Niznik – discuss the EU referendum and how it is affecting their portfolios. Click here for article
The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]
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