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0 How lifetime gifts affect your taxes
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
Business
0 Understanding Pension Sharing on Divorce
When considering the division of assets on divorce, or on the dissolution of a civil partnership, it’s important not to overlook the pensions. It’s not uncommon for there to be a significant disparity in the value of each party’s pensions and this disparity needs somehow to be addressed. Read More
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