No matter how much you hate inheritance tax or believe it to be unfair, there is little you can do to protect your loved ones from paying it on significant assets you pass down to them. Hundreds of thousands of Britons already abroad may now find themselves exempt from paying UK inheritance tax without realising it – as this little-known …
Mr Hunt said: “We have repeatedly warned that Labour are going to raise your taxes. The Guardian on Friday reported that proposals are circulating within Labour to increase capital gains tax and reform inheritance tax to make it more difficult to pass on farmland without paying tax. Sir Keir has insisted throughout the election campaign that Labour will not raise …
Certain things are unavoidable in our lives and these include death and taxes. There are several responsibilities of a legal representative/executor such as computing the income of the deceased by referring to bank statements, investments, annual information statement, Form 26AS and taxpayer information statement as available on the income tax portal once he/she is authorized by the tax authorities. The …
Is a man supposed to pay income tax on compensation amount he received after his wife was killed in a terrorist attack, a bench of Justice JB Pardiwala and Nisha Thakore of the Gujarat High Court has sought to know from the Income Tax Department. On Monday, the bench of the Gujarat High Court, headed by Justice JB Pardiwala, asked …
Four people die in and around protest-hit Cali as talks to end month-long demonstrations remain stalled. Colombian President Ivan Duque has deployed military troops to the western province of Valle del Cauca and its capital, Cali, after four people died in protests that marked a month of anti-government demonstrations. “From tonight begins the maximum deployment of military assistance to the …
