Did you know that you can register title to land you do not own, subject to compliance with a strict statutory process?
Today, the Chancellor, Philip Hammond delivered his Autumn 2017 Budget. There was little change to personal taxation with no increase in income tax or national insurance keeping in line with The Conservative 2015 election manifesto. The personal allowance is currently £11,500, whereby the first £11,500 of an individual’s income is received tax free – it was announced today that the personal allowance for income tax will rise to £11,850 from April 2018 for all UK taxpayers.
Owning and running a family business can be a rewarding experience, but it also comes with its own unique set of issues and challenges.
If you are in retirement, you will probably have given a passing thought to the possibility that, one day, you may require residential care. You might even have spoken to a professional advisor, whilst updating your will, or planning your future finances.