IHT – do you qualify for inheritance tax relief on business assets?
In previous issues of ProActivity, we’ve covered the topic of inheritance tax (IHT); explaining what it is, how to navigate it, as well as how to maximise tools like lifetime gifts to minimise the amount of liable value within your estate. In this article, we want to...Spring Budget 2024: Key changes and how they affect you
The Spring Budget 2024 contained no flash surprises or big wins, particularly from a business perspective. Whilst there were a few golden nuggets here and there, for individuals especially, these ‘giveaways’ are really being overshadowed by the ever-increasing...Spring Budget 2024: Key Points
Chancellor, Jeremy Hunt, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, and likely the last before a general election, the Chancellor delivered a “budget for long term growth”...Safeguarding your business from the increasing number of corporate insolvencies
As the number of corporate insolvencies once again exceeds pre-pandemic levels, we spoke to Alastair Fish, Insolvency Manager at Business Recovery and Insolvency. Alastair answered a number of commonly asked questions, providing expert insight into why the number is...Budget 2021: Key points
Chancellor Rishi Sunak on 3rd March unveiled the contents of his Budget in the House of Commons.
Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help business and jobs through the pandemic and to support the UK’s long-term economic recovery.