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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Call us today on 0131 225 1200
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Andrew has specialised exclusively in advising individual clients and charities for over 15 years. Andrew enjoys developing long-term relationships with clients and advising them at all stages of their lives. 

Read more about Andrew here.

Inheritance tax payments rise 33% from 2020

andrew

Inheritance tax (“IHT”) payments have increased in yield by a third, according to data recently released by HM Revenue & Customs (HMRC). HMRC collected £1.5 billion in Inheritance tax (IHT) in the tax year to June 2021. This represents a £400 million increase from the same period a year ago.

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The Scotsman: The act of giving has practical as well as emotional considerations

andrew

Murray Beith Murray Partner, Andrew Paterson, writes in The Scotsman today about the importance of careful estate planning when giving to charity. Read the full article below, republished by kind permission of The Scotsman.

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561 Hits

Should you set up a trust?

andrew

Setting up a trust is one of the most tried and tested methods for protecting assets. It can be an important wealth management tool and critical element in prudent succession planning.

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938 Hits

Leaving gifts to charity in your Will – process and benefits

andrew

If you are concerned about how much Inheritance Tax (IHT) your estate will be liable for when you pass away, leaving a gift to charity could reduce your bill. Gifts to charity, when properly executed, can reduce or, in certain circumstances, even eliminate your inheritance tax liability entirely as they do not count towards the taxable value of the estate. In this article, we look at the tax benefits of leaving gifts to charity, what you can gift, and how to leave a gift in your Will.

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The Scotsman: Watch your step with Capital Gains Tax property rules

andrew

Murray Beith Murray Partner, Andrew Paterson, explains Capital Gains Tax liability on the sale of a property, in response to a reader’s question in a recent edition of The Scotsman. Read the full article below, republished by kind permission of The Scotsman:

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819 Hits

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