Private Client Summer 2010

 

In this summer issue we look at the thorny topic of tax residence and outline the steps that might be required to fully comply with HM Revenue & Customs’ guidelines. We also outline the main points announced in April's Budget and highlight the potential changes that may come into force in this month’s coalition emergency Budget.

 

In this edition we also look at business property relief, a sometimes undervalued relief, and suggest that you should speak to your advisors in relation to managing inheritance tax more efficiently. To round things off this time, we also answer your questions around entrepreneurs’ relief and tax deductions for work clothing in our regular ‘Wrapped up’ section.