Finance

Inheritance tax warning: Wills shouldn’t be ‘overloaded’ – what should you leave out?

Inheritance tax warning: Wills shouldn’t be ‘overloaded’ – what should you leave out? Recent research from the Openwork Partnership found children and grandchildren are set to inherit nearly £300billion over the coming years. Fortunately, ZEDRA, the international provider of Global Expansion, Active Wealth and Fund solutions, detailed there is evidence that younger generations are taking their estate planning very seriously, ...

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Pound crisis: Traders fear sterling chaos if Sturgeon’s push for independence succeeds

Pound crisis: Traders fear sterling chaos if Sturgeon’s push for independence succeeds Strategists were speaking after a new poll suggested the SNP was on course to win an 11-seat majority on May 6, a result which would strengthen First Minister Mrs Sturgeon’s case for a second independence referendum. Stephen Gallo, European head of currency strategy BMO Capital Markets, suggested shockwaves ...

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Nationwide customers could secure 2% interest savings account – check eligibility now

Nationwide customers could secure 2% interest savings account – check eligibility now Nationwide is a familiar name on Britain’s high streets, and the provider has said it is the most popular building society across the globe. However, with interest rates at a shocking low recently, it is no surprise many have felt less compelled to save. In March 2020, the ...

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Tax relief: Couples may be able to save hundreds in tax – can you claim back £1,218?

Tax relief: Couples may be able to save hundreds in tax – can you claim back £1,218? “Your partner’s tax bill will be reduced depending on the Personal Allowance rate for the years you’re backdating,” GOV.UK explains. It’s a matter which Kay Ingram, Director of Public Policy at LEBC Group, recently discussed. Speaking to Express.co.uk, she said: “From April 6, ...

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IR35: Rishi Sunak urged to amend ‘flawed’ off-payroll rules to ensure self-employed rights

IR35: Rishi Sunak urged to amend ‘flawed’ off-payroll rules to ensure self-employed rights IR35 changes kicked in this month, following a year of delays due to the impact of COVID-19. The legislation, formally known as off-payroll working rules, is used by HMRC to evaluate whether a contractor is genuine, or simply being used as a “disguised employee” for the purposes ...

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Coventry Building Society offering ‘competitive’ 1.5% interest rate – are you eligible?

Coventry Building Society offering ‘competitive’ 1.5% interest rate – are you eligible? Interest rates have been drastically affected by the Bank of England’s decision to lower its base rate over a year ago. As such, it has been a challenging time for Britons who are hoping to grow their money. There are, however, still some options which present themselves to ...

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