Resource Centre

March 2016

Personal Tax Self Assessment

Under the self assessment regime an individual is responsible for ensuring that their tax liability is calculated and any tax owing is paid on time.

Inheritance Tax Avoidance - Pre-Owned Assets

Inheritance tax (IHT) was introduced approximately 30 years ago and broadly charges to tax certain lifetime gifts of capital and estates on death.

Budget Summary 2016

Budget announcements contain many fundamental taxation changes which will affect business and personal lives for the years to come. Written in plain English, we have segmented our summary into the key areas of taxation, including business and corporate, employment, personal and capital. We have also included comments on the more important changes, together with any planning points that may arise.

Tax Rates 2016/17

Many of these figures are fundamental to our business and personal lives and you will find the key taxes summarised here. We are sure that you will find it a useful point of reference throughout the coming tax year.

Inheritance Tax - A Summary

Inheritance tax (IHT) is levied on a person’s estate when they die, and certain gifts made during an individual’s lifetime.

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