Inheritance tax will hit many hard

Inheritance tax (IHT) is the most reviled tax of all, and it is easy to see why, because it can take a fat chunk of your family wealth at a single swoop. A single person with £1 million in assets could be liable to a £270,000 tax bill on death. There is plenty you can do to reduce your family’s IHT bill. You can gift […]

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Penguin Tax Planning in the Press

Five ways to save for your grandchildren When you see a beautiful chubby-cheeked baby such as our new royal heir, what do you think? “Aw”? “Coo”? Maybe, “Ugh. Nappies! Sleepless nights!” Well, if you’re the grandparent, and especially if you don’t have the Crown Estate to fall back on, what you should be thinking is: “It’s high time we got Georgie a pension”.   Penguin […]

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