ONE perception that the UK’s inheritance tax (IHT) system is onerous was underlined when, on 22 March this year, Chancellor Gordon Brown made moves towards changing the rules in relation to the taxation of trusts.
Tag: Business
Scotsman: Watching The Pennies Is Always Worth It
IF YOU’RE a homeowner, the chances are you will have looked at a range of mortgages on the market to find the best deal for you. You’ll probably also be aware of the benefits of remortgaging every few years to reduce your monthly repayments.
Scotsman: Focus On The Mid-market, With European Investments To The Fore
THE F&C Private Equity Trust has been in its current form since summer last year, but it has been through a number of changes since it was originally created in March 1999.
Scotsman: Time To Act Is Now To Ensure Your Annuity Is Not Being Over-taxed
AROUND 200,000 of the 1.2 million retirement annuity holders are paying too much tax and if they want to recoup this loss, they only have until 31 January 2007 to claim it back from the Revenue.
Scotsman: Aegon Targets Small Business Pension Schemes
AEGON UK, the Edinburgh-based financial services group, has moved into the potentially massive group annuity market, targeting the closed defined-benefit pension schemes of small and medium-sized companies (SMEs).
Scotsman: Scotland Remains Relatively Affordable For First-time Buyers
SCOTLAND remains one of the most affordable part of the UK for first-time buyers, although they are increasingly struggling to get on the property ladder.
Scotsman: Mortgage Lending Dips From Record
SEPTEMBER’s gross mortgage lending was £17.9 billion, 14 per cent lower than August’s record figure, but slightly more than the £17.8bn reached in September last year, according to the British Bankers’ Association.
Motley Fool: Why I Might Sell GlaxoSmithKline
The merger between Glaxo Welcome and SmithKline Beecham to form GlaxoSmithKline (LSE: GSK) at the end of 2000 was supposed to herald great things for the British pharmaceutical pairing. But it has been anything but. And investors who remained loyal since the merger may want to consider taking a couple of tranquillisers to calm their nerves
Scotsman: Banks Slammed For Penalty Charges
BANK customers are being hit by excessive penalty fees on current accounts – some being forced to pay £30 for slipping into an unauthorised overdraft by £1.
Scotsman: Banks And Building Societies ‘skim Off’ Interest From Accounts
BANKS and building societies are “surreptitiously” skimming off interest earned on instant-access accounts by limiting the number of free withdrawals allowed per year, according to online data comparison service, Moneynet.co.uk.