News
The benefits of creating an LPA are probably fairly obvious – as this type of power (like its predecessor the EPA) lasts (or endures) notwithstanding the subsequent incapacity of the donor....
While VCTs are deemed to be high risk investments they do offer growth potential and appeal to higher and additional rate taxpayers due to the tax reliefs available. Broadly, it is possible to invest up to £200,000 in.....
Article
Trusts and estates with income up to £500 will not pay tax on that income as it arises. Where a settlor has made other trusts, the amount is the higher of £100 or £500 divided by the total number of existing trusts (subject to some exceptions)
The Low Incomes Tax Reform Group has urged young people to use a free HMRC tool to check if they have a Child Trust Fund (CTF), following concerns that some firms could be charging hundreds of pounds to trace and help withdraw the value of the fund. ...
Welcome to STEP’s Responsible Wealth Stewardship Hub, where we have pulled together news, features and resources to provoke thought and raise awareness...
Blog
There are certain types of taxable income that you are likely to receive gross, without any tax having been deducted at source.
The House of Commons Work and Pensions Committee explored problems with overpayments of carer’s allowance in their 2019 report with the hope that new systems would be more effective in preventing overpayments
State pensions are increasing in April 2024, but the point at which most people start to pay tax is staying the same.