Have you ever wondered if there’s a limit to the amount of money you can gift to your family members without facing tax consequences in the UK? Whether you’re helping a child buy their first home, contributing to a wedding, or simply giving during the festive season, understanding the UK’s tax rules on gifting is […]
Have you recently experienced the loss of your second parent and are now left wondering what happens with inheritance tax? It’s a common concern among families across the UK. Dealing with grief is already overwhelming, and adding tax responsibilities to the mix can feel incredibly stressful. That’s why understanding how inheritance tax (IHT) works when […]