Here is our usual monthly list of the top 10 read articles on shrewdcookie.com in September – there are some surprising entries!
Alistair Darling, Chancellor of the Exchequer presented his Budget for 2009 last week and below are the main points and changes contained in the Budget:
The new tax year commencing on 6th April 2009 brings with a new range of tax relief, rates and allowances. These are subject to change – please check current rates with an Accountant before acting on them.
In this second part of a three part series we will consider the main allowances and reliefs which can be used to reduce your liability to Inheritance Tax.
The Nil Rate Band currently stands at £312,000 – on the first £312,000 of your net taxable estate IHT is payable at 0% – hence the name “Nil Rate Band”.