Blog
Reducing inheritance tax by a deed of variation
It emerged last month that Labour party stalwart Tony Benn had taken careful steps to minimise the amount of inheritance tax (IHT) due on his estate when he died. Benn, who died in March this year, made use of what we accountants call a 'deed of variation'. When...
Tax relief on RCGP exam fees
This has been made available from the RCGP: "We are writing to give you the very welcome news that you may be able to receive tax relief on AKT and CSA examination fees paid since 2009. Based on the advice of tax experts, we have in the past informed our trainees that...