Forget the 7 year rule! Do you know about the 14 year rule?
Inheritance tax (IHT) is big news right now. With the new changes being phased in from April 2017 whereby the Government has introduced “the family home allowance” which is worth up to an additional £175,000 per person, the gradual change amounts to £100,000 in 2017-18, £125,000 in 2018-19, £150,000 in 2019-20 and £175,000 in 2020-21. […]
SRA helps law firms provide more services to consumers
The Solicitors Regulation Authority (SRA) is helping law firms that want to expand their business beyond traditional legal services by publishing new guidance on the Separate Business Rule. From November, the SRA will change its rules to make it easier for solicitor-owned firms to be involved in separate businesses that offer a range of professional […]