Capital Gains Tax When Selling a Family Property: Rent-Free Living Considerations
If you’re considering selling a family property where a family member has lived rent-free, understanding Capital Gains Tax (CGT) is essential. CGT on property sales in the UK can significantly impact the net proceeds from the sale, and the tax implications become more complex when family occupancy is involved. As a Putney-based tax advisor with […]
Understanding Gifts with Reservation of Benefit (GROB) and How It Affects Inheritance Tax
In the realm of inheritance tax planning in the UK, understanding “Gifts with Reservation of Benefit” (GROB) is essential, particularly for families in South West London or Putney. This rule can often be misunderstood, especially when property owners wish to gift property while retaining personal use. As a Putney inheritance tax consultant with expertise in […]
Do You Need to Charge Rent to Family to Avoid Inheritance Tax?
Allowing family members to live in a property rent-free is a common arrangement for many families in the UK, particularly in areas like South West London and Putney. However, this setup often raises questions about inheritance tax (IHT) and other tax implications. As a Putney-based inheritance tax consultant and South West London tax advisor, I […]
How to Respond to Money Laundering Allegations
Anyone facing a money laundering investigation needs to seek expert legal representation immediately. Such an investigation has to be handled by those with the experience and expertise to robustly challenge the authorities on points of law and evidence. That is the only way to secure the outcome that you are entitled to. Money laundering investigations […]