“Be prepared and don’t throw [bond of] caution to the wind”
With the 31st October paper filing deadline fast approaching, there is still time to have your tax affairs for the year to 5th April 2016 reviewed. If you don't already complete a Self Assessment Tax Return you may not realise that perhaps you should be.
It is often a sense of duty that drives us to make a Will. We feel it is our own responsibility to put our personal affairs in order. For some, it is to avoid this burden falling on our families. For many, it is to take control of the distribution of our estates, to make sure it is shared among the right people, in the right proportions. For others, it is to minimise the potential for conflict after we are gone.
The Annual Tax on Enveloped Dwellings (“ATED”) was introduced in April 2013 as part of a series of measures designed to discourage corporate ownership of UK residential property.
Whether in our capacity as property owners or as individuals, we can be in no doubt of the responsibility we collectively face to protect our planet for future generations.