Blog: 11 Tips for Securing Unoccupied Property
I have written this post to provide risk management insights for anyone who owns or is responsible for insuring an unoccupied residential property, an area that Insuristic specialises in. Unoccupied properties are more likely to be damaged or have claims than occupied properties. While you may be insured, a claim can be time-consuming and disrupt […]
Inheritance Tax: Grant on Credit guidelines and procedures
The law requires Personal Representatives (PRs) (IHTM05012) to pay all or part of the Inheritance Tax (IHT) due on the deceased’s estate before they can obtain a grant. The guidance at IHTM05001 and IHTM30172 explains how much needs to be paid. If the PR: finds it impossible to raise all the funds needed to pay the tax due and […]
Wealthy families landed with individual tax bills of up to £1.4m on gifts, figures reveal
Some of the UK’s wealthiest families were landed with retrospective tax bills in the region of £1.4 million on lifetime gifts, according to latest annual figures. The families tried to make use of a rule allowing individuals to make gifts of unlimited value which become exempt from inheritance tax if the giver survives a further […]
Research shows just one in 10 UK students had received a lesson on the law by the time they reached A-Levels
The Law Society is supporting education charity Young Citizens’ campaign The Big Legal Lesson to introduce the law and justice system to thousands of children and young people across England and Wales. Young Citizens research shows just one in 10 (13%) students had received a lesson on the law by the time they reached A-Levels. […]