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..
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Tax on property, money and shares you inherit in the UK
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And so, we come to the end of 2017…
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I cannot believe 2017 is in the home straight! Apparently, the time is moving even faster (perception of course) due to the fact that we are spending so much time on electronic appliances and social media. I also think that it is making us less creative and patient seeing as one begins to struggle with..
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Five points to consider when approaching your online tax return
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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..
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It is almost weekend and time for your favourite festive treats for Christmas
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Blink, it’s almost Christmas! Seriously, I can’t even believe that another year has passed. It has been such an eventful year and time of my life. So much joy and hardship have been rolled into this year, but it is time to relax. Here is some recipes to sparkle up your Christmas, do it with..
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Proteas Test squad announced: AB de Villiers makes long-awaited return
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AB de Villiers and Dale Steyn will make their return to the Proteas Test side in the experimental four day match against Zimbabwe on Boxing Day in Port Elizabeth. The veteran duo who made their debut in the same venue as that of the once-off day night Test return to the fold alongside all rounder..
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Rand turbo-boosted in the wake of Ramaphosa win
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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..
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How South Africans reacted to Cyril Ramaphosa becoming ANC president
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South Africans have gone ballistic online after the news broke that Cyril Ramaphosa is the new ANC President. CR17 has won the day, or has it? After days of waiting, South Africans were finally greeted with the news that Cyril Ramaphosa has been officially elected as the new president of the ANC. With millions of..
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