Is Inheritance Tax on a sliding scale? How rates are applied above threshold and on gifts
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Is Inheritance Tax on a sliding scale? How rates are applied above threshold and on gifts

admin - Sep 20, 2019

[ad_1] Inheritance Tax is a tax on the estate (property, money and possessions) of a person who has died. The standard threshold is £325,000. Normally, if the…

What Stamp Duty do you pay on a house? Why amount may rise if there’s a house sale delay
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What Stamp Duty do you pay on a house? Why amount may rise if there’s a house sale delay

admin - Sep 17, 2019

[ad_1] For residential properties, the current Stamp Duty Land Tax (SDLT) threshold is £125,000. This increases to £150,000 for non-residential land and properties. If the sale is…

Retirement and me: Woman sees state pension 'frozen' – but sister still gets full amount
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Retirement and me: Woman sees state pension 'frozen' – but sister still gets full amount

admin - Sep 15, 2019

[ad_1] Monica Philip moved to England at the age of 20 back in 1959. She worked in the UK for 37 years as a public servant, including…

Pound US dollar exchange rate steady as US inflation fails to ease fears for Fed rate cut
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Pound US dollar exchange rate steady as US inflation fails to ease fears for Fed rate cut

admin - Sep 12, 2019

[ad_1] However, despite the positive data, the US dollar (USD) failed to rise against the pound (GBP) with concerns dogging markets that the Federal Reserve might make…

China’s war on Facebook: Beijing launches cryptocurrency to take on social media giant
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China’s war on Facebook: Beijing launches cryptocurrency to take on social media giant

admin - Sep 10, 2019

[ad_1] Mu Changchun, the deputy director of the People's Bank of China's payments department, said the currency would protect China's "digital sovereignty and legal currency status”. He added:…

State pension age change came into effect this week – when is next increase in age due?
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State pension age change came into effect this week – when is next increase in age due?

admin - Sep 07, 2019

[ad_1] The state pension age is increasing, with this set to reach 66 for both men and women by October 2020. Further changes are in-store for after…

Tax rates mapped: Cheapest Income Tax around the world revealed – where do you pay most?
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Tax rates mapped: Cheapest Income Tax around the world revealed – where do you pay most?

admin - Sep 05, 2019

[ad_1] In the UK, Income Tax applies at different rates to different portions of taxable income. The Personal Allowance is a tax-free amount, which in the 2019…

Pound Euro exchange rate: GBP/EUR falls as UK manufacturing drops to seven-year low
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Pound Euro exchange rate: GBP/EUR falls as UK manufacturing drops to seven-year low

admin - Sep 02, 2019

[ad_1] Sterling also felt the political squeeze as markets brace for a clash between Boris Johnson’s government and MPs opposed to a no-deal Brexit. Parliament returns from its…

Pension scams warning sign revealed – are you at risk of falling victim to pensions fraud?
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Pension scams warning sign revealed – are you at risk of falling victim to pensions fraud?

admin - Aug 31, 2019

[ad_1] Pension contributions are something many people will make during their working lives, with the pension wealth often being intended to be used for a comfortable retirement.…

Pound US dollar exchange: GBP/USD sinks as Boris calls for rescheduling of Queen's speech
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Pound US dollar exchange: GBP/USD sinks as Boris calls for rescheduling of Queen's speech

admin - Aug 28, 2019

[ad_1] John Bercow, the House of Commons Speaker, aired many of the opposition party’s concerns, saying: “However it is dressed up, it is blindingly obvious that the…

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