Inheritance Tax could potentially cost your loved one’s hundreds of thousands of pounds, yet it is possible to dramatically reduce this or even to pay none at all. Brona MacDougall our Senior Tax Manager provides you with some superb advice for effective IHT planning. Inheritance Tax (IHT) is a tax on the estate of someone...

The new Scottish tax rates left taxpayers pretty confused over how they would work with tax relief for pension contributions. What are HMRC saying about this? Kevin Crowford takes a closer look. When the new Scottish five-tier tax rates were announced there was no mention of how this would fit in with the UK three-tier...

You are looking to incorporate your business and you’ve heard that any resulting tax charges can be legitimately mitigated. However, there is tax to pay as Kevin Crowford shows in his latest blog. Undoubtedly one of the main reasons for transferring a sole trader business to a company in which you own shares is tax...