Useful to Know

Is inheritance tax due on a gift? I have an elderly friend who has said he would like to give me a gift of £10,000 to help with my planned kitchen extension. Will there be any tax to pay on this very generous gift? If you make a gift ...

My brother owns a commercial business unit, and we have decided to convert it into residential units. Although I will be project managing the conversion, I will not be charging my brother. As you can imagine, there will be a lot of expenditure on building materials, which are ...

What are the implications of selling my Scottish home? I own and live in a property in Scotland. What are the implications of me selling the house to a relative, who will buy it using a buy-to-let mortgage, and allow me to stay in it and pay rent ...

The facts are 75% of start ups fail within the first three years and 33% of these will collapse in the first six months. Here are some top tips to consider when taking the courageous first step of setting up your own business 1. Should you be a limited company, sole ...