Acceptance in Lieu & Inheritance Tax

Acceptance in Lieu Your family entered the 100-metre dash.I yield to no one on the notion we should pay our taxes.All our taxes.All our taxes as they are due.You might have heard of Oliver Wendell Holmes. Mr Holmes’s witticisms are the crispest encapsulation of the...

Do We Pay Capital Gains Tax?

Q:Do we need to pay capital gains tax? We moved from our family home recently on our retirement. Our daughter has agreed to buy it from us. Will we have to pay tax on the sale of this house even though we lived in it for 20 years?Name Supplied A: You know what they...

Inheritance Tax, a Voluntary Tax

Many call inheritance tax a voluntary tax, we’ll do well to understand their logic.Polyglots assure me.There’s a lack of predictability to this language. They say as a matter of contrast, there are formulae to conjugations and usage in other languages. I must...

Business Inheritance Tax

Zaha Hadid.I’ll lay you odds: a penny to a pound. You’d never heard of Dame Zaha Hadid. We’ll see how Dame Zaha’s estate illustrates the possibility of exemption from business inheritance tax.Before we move on, the reason you should take the mitigation of...