New Year is not just about celebrating the start of another year. It’s also a time for reflection, new resolutions and resolve, especially when it comes to financial matters. For many, the following weeks will involve filing a tax return and paying a tax bill before the month is out (my priority). Others will look … Read more
My total estate will be worth approximately £700,000 by the time I die. I would like to transfer ownership of my three-bedroom house, which is currently worth approximately £550,000, to my nephew and nieces (in equal proportions) to benefit from the seven-year rule and avoid inheritance tax. I would pay market rent to them so … Read more
My husband and I are both in our mid 70s, in good health and without any financially worries. We are not into extravagant holidays and expensive cars, but we do have a good lifestyle. We eat well and probably spend way more on healthy quality food than the average couple but also run a moderate … Read more
