Tax on property, money and shares you inherit in the UK

This is because any Inheritance Tax (IHT) due should be paid out of the deceased’s estate before any cash or assets are distributed to the heirs. However, the recipient is liable to income tax on any profit earned after the inheritance, such as dividends from shares and to capital gains tax on the increase in […]
Continue reading…

Enjoyed this post? Share it!

 
 

Three days alone in Paris: the dos and don’ts

If you (like I did) thought that Paris welcomes you with the soft sound of accordion music and the smell of fresh croissants, think again! Yes, Paris is a charming and unique city with world-renowned monuments, historic paintings and intimate little restaurants, but at the same time it is a jumble of tourists, pedlars and […]
Continue reading…

Enjoyed this post? Share it!

 
 

Five points to consider when approaching your online tax return

It’s that time of year when you really want to tidy up your accounts, shut the laptop and head to the hills. However, there is one thing we’d like to remind you about before you go. Your UK tax return online submission deadline is 31 January 2018. We can only imagine this news lands in […]
Continue reading…

Enjoyed this post? Share it!

 
 

Rand turbo-boosted in the wake of Ramaphosa win

The Rand enjoyed broad stability for most of last week and in fact gained on all of the G10 currencies leading up to the ANC elective conference over the weekend. The Ramaphosa result helped it kick on from Monday. The rally was aided in part by a weaker US Dollar, although it advanced far further […]
Continue reading…

Enjoyed this post? Share it!

 
 

’n Koninklike, feestelike feesweek

Ons woon baie naby aan Hampton Court-paleis in Londen, die afgelope week het ons die BBC se Good Food’s Festive Feast van 8 tot 10 Desember bygewoon. Ons het ons kersvoorrade aangevul met bederfies wat deur vaklui geskep is – en net betyds vir Kersfees! Wonderlike geskenke vir kosliefhebeers! Ons het die vermaak geniet, asook […]
Continue reading…

Enjoyed this post? Share it!

 
 

Disguised remuneration settlement opportunity in the UK

The new measure will introduce a loan charge on disguised remuneration avoidance schemes that remain unpaid on 5 April 2019. These types of schemes (including contractor loans) are used by employers and individuals and seek to avoid paying income tax and NICs. This is usually done by utilising a loan or other payment from a […]
Continue reading…

Enjoyed this post? Share it!

 
 

Cyril’s backers crack the Rand’s multi-month slump

With the two-horse ANC presidential race beginning to lean in favour of Cyril Ramaphosa, the market is starting to price in his victory and the Rand is firming up. This was compounded with the news that South Africa managed to dodge a bullet when Moody’s decided to postpone our credit rating downgrade until the political […]
Continue reading…

Enjoyed this post? Share it!