Q My wife and I have bought an office with a personal mortgage, which is for 100 per cent of the asking price on an interest-only basis.
Scotsman: Inheritance Tax – What’s The Bare Necessity?
This question has arisen as a result of recent changes to inheritance tax (IHT).
Scotsman: The Millions Of Scots Who Do Christmas Shopping With Their Heads In The Sand
ALMOST 2.4 million Scots will go Christmas shopping financially blind this year, unaware of how much money they actually have in their bank account to splash out on presents – risking a painful financial hangover come the new year, warns Clydesdale Bank.
Scotsman: Money Matters
NATIONWIDE is calling on Gordon Brown to increase the limit on annual ISA savings from the current level of £7,000 to £9,000 – the same amount that could be saved in its predecessor before 1999, the TESSA.
Scotsman: GIT Follows Its Own Path To Outperform Benchmark Index
GLASGOW Income Trust is an investment trust managed by Glasgow Investment Managers with the aim of providing shareholders with a high level of income and growth in both income and capital over the longer term.
Scotsman: Five Years On, FSA Report Card: Must Do Better
FIVE years ago saw the birth of the Financial Services Authority (FSA), billed as a super-regulator which was going to shake up the industry and prevent future scandals and avoid another calamity such as endowment mis-selling.
Scotsman: Women And Carers Biggest Winners In Pensions Bill
THIS week brought the long-awaited publication of the Pensions Bill, which is being hailed by the Department of Work and Pensions as a “landmark settlement for future generations”.
Scotsman: Teenage Years Need Not Be Financially Troublesome
ON REACHING the age of 16 in Scotland you can marry without parental consent but cannot vote; you may qualify for a cash card and cheque book but will not be allowed credit.
Scotsman: Case Of The Different ‘same Rates’
IT HAS been a bad week for one of the UK’s favourite financial institutions. Nationwide Building Society, the world’s largest, has gone back on one of its promises.
Scotsman: Chancellor Seems To Lack Property Of Mercy On IHT
SPIRALLING house prices mean that many more estates are now valued over the inheritance tax (IHT) nil-rate band threshold of £285,000 and it is proving one of the government’s must unpopular forms of taxation.