4 min readUnderstanding the Tax Implications of Joint Tenants vs Tenants in Common.What are the pros and cons of being joint tenants vs tenants in common? The right choice is dependent on a variety of factors, such as...
2 min readWhat are the Inheritance Tax rates and allowances?Inheritance Tax (IHT) is the tax paid on someone’s estate after they pass away. In the 2023/24 tax year, the standard IHT rate is 40%,...
6 min readThe UK taxation impact of marriage and forming a civil partnership – Part one: Income taxLove and tax part 1: Income tax Key points Couples can claim either the married couple’s allowance or the marriage allowance. These are...