From 6 April 2015 you will no longer be able to elect which property is your Principal Private Residence, PPR and hence get relief from Capital Gains Tax, CGT. Currently you can choose and inform HM Revenue & Customs of your choice. When you sell that property no CGT...
George Osborne, the Chancellor of the Exchequer has today announced that pension funds transferred on death before age 75 will no longer be subject to 55% tax. Over 75 then the inheritor will pay tax at their highest marginal rate. This is good news and better than many expected...
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