Life Interest Will Trusts - what are they and how do they work? Ingrid McCleave explains in her third article in her tax and trusts series how Life Interest Will Trusts are impacted by different events and the implications for the main types of tax.

Ingrid McCleave delves deeper into Discretionary Will Trusts, examining tax treatment where a Life Interest Will Trust becomes a purely Discretionary Will Trust, the tax consequences of distributions being made from a Discretionary Will Trust within 2 years of death and what happens where trust assets are appointed out to another trust.

"Many financial advisers I work with really want to know the tax benefits of different types of trusts." Ingrid McCleave starts her explanation on Discretionary Will Trusts.

As a private individual or a businessperson you can benefit from these thorough examinations of the impacts of the October budget.

Are you concerned about the new IR35 rules and how they may affect your business or subject to an HMRC investigation? Ingrid McCleave explains what you need to look out for.

The budget 2020 announcements reduced the lifetime limit for gains qualifying for Entrepreneurs’ Relief from £10 million to £1 million for qualifying disposals made on or after 1 March 2020. So how do you make the most of this important relief?

Trusts are widely regarded as a valuable tool for estate and succession planning. However to gain the full tax and control benefits they offer, you need to choose the right type of trust structure. Ingrid McCleave explains the differences between them

How should you structure your various sources of income and the reliefs you are entitled to in order to reduce the tax you pay.  

You currently run your business as a sole trader or partnership and want to know the advantages and disadvantages of incorporating that business.

You currently run your business as a sole trader or partnership and want to know the advantages and disadvantages of incorporating that business.