May 25, 2017

Inheritance Tax (IHT) has been in existence in some shape or form since 1694. It was thought that in recent years that more and more people have been subject to IHT however this is just returning to the levels paid back in the 1979-80 tax year. Back then you were taxed at up to 75% on inherited assets above £25,000 compared to 40% above £32...

May 2, 2017

Following on from my last blog where I talked about pension contributions using Carry Forward for an employed person this time I would like to write about how this can be used for owner directors. In this current tax year 2017/2018 it is possible to contribute up to the current annual allowance of £40,000 or up to £160,000 if using carry fo...

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