People generally plan for the short term. We tend to concentrate on generating wealth and accumulating assets such as property or shares to protect our families. Both now and in retirement. However, what happens after we die? Arranging funeral expenses may be the only action we take. By doing this we are helping to build [...]
.edFamilies can face a shock five-figured tax bills after the death of a loved one. Little-known rules regarding ‘death-in-service’ pay-outs from workplace pension schemes could result in grieving relatives facing huge tax bills. Many businesses offer their staff a lump sum ‘death-in-service’ payment if a member of staff dies. Sums of three or four times annual [...]
What is a trust? To start off with the technical stuff about a trust- A trust is legal arrangement which enables a person, known as “the settlor” to transfer the ownership of property, cash or shares to another person known as “the trustee” to hold on behalf of a third person known as the “the [...]
To thank the team for all their hard work leading up to the end of the tax year we arranged a treat. The staff were ask where they would like to go. After much deliberation the choice was Nando’s. With chants of “How hot will you go” the lunch proved a great success. Caroline Anstee, [...]
The end of the tax year is approaching fast, so speaking to us and taking action before 6 April 2017 could save you money, allowing you to take full advantage of your reliefs and exemptions. If you have not already taken advantage or your allowances, it’s not surprising because tax can be complicated. In recent [...]
This event was arranged as part of Anstee & Co.’s commitment to supporting local solicitors with their professional development. The following presentation were given to a room of over twenty local solicitor after a lunch. The event was held at Harrowden Hall, Great Harrowden, Northamptonshire. Viv Williams from SIFA 360. Presented on- “The Future of Solicitor [...]
Published by Darren Amos, Financial Adviser at Anstee & Co., Independent Financial Advisers. Looking at Buy to Let property and mortgages. As you’d expect there isn’t a simple Yes or No! Following the changes in taxation legislation announced by the chancellor, some of which are already in effect. There has been a lot of debate about landlords [...]
Only a quarter of couples who are eligible for the new marriage allowance are claiming it. HM Revenue & Customs said last week. It is thought that about three million couples, including those in a civil partnership, who could have applied for this tax rebate, have not. This rebate is worth up to £220 per year. So, its [...]
