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Archive for March, 2020

Marriage Allowance Question

Q. I work part time and don’t earn enough to pay tax, but my husband earns £35,000 a year from his full time job. I have been told that I can transfer some of my personal allowances to my husband so he can save some income tax. Is this true? A.Claiming the marriage allowance can save[…] Read more »

Inheritance Tax Question

Q. I am thinking of transferring ownership of a rental property to my daughter to help reduce the value of my estate for inheritance tax (IHT) planning purpose. There will be no cash consideration given. What value is used for the gift and what are the CGT implications? A. For CGT purposes, you are deemed to transfer[…] Read more »

Congratulations STS!

We dropped in to see Seb & Tina of STS Wheel Alignment Centre & Mechanical Repairs Ltd with champagne and flowers to congratulate them in 30 years in business.


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