According to figures from HM Revenue and Customs, Inheritance Tax (IHT) revenues are up again, with £5bn being paid in the 2017–18 tax year. This increase comes despite the introduction of the residence nil-rate band in 2017. With more families falling into the IHT bracket, [...]

With the Bank of Mum and Dad regularly helping to finance property transactions for their offspring, it’s important for parents to be aware of the tax consequences of doing so. Research has shown that scammers frequently search for information in social media profiles, emails and [...]

Statistics from the Alzheimer’s Society show that there are around 850,000 people living with dementia and the number is expected to rise to over one million by 2025. Charities that care for the elderly advise everyone to plan for a time when they might not [...]

There has been a huge rise in the number of Lasting Powers of Attorney (LPA) created, prompted no doubt by 2016 figures showing that dementia and Alzheimer’s disease have overtaken heart disease and cancer to become the biggest cause of death in the UK. Figures [...]