Finance News

For most homeowners, selling their main residence feels like one of the few occasions where tax doesn’t come knocking. Principal Private Residence (PPR) Relief has long been viewed as a safety net, almost a guarantee that any gain on your main home will be tax-free. Yet as numerous tax cases have shown that comfort can be misplaced. Read More

A gift may seem simple: you give something to someone else without expecting anything in return. While that seems straightforward, gifts can carry complex tax consequences. In the UK, giving away an asset during your lifetime can trigger both Capital Gains Tax (CGT) and Inheritance Tax (IHT). Understanding how these apply can help you plan effectively and avoid unexpected tax bills. Read More