Tax Tip Tuesday! Can I gift to my children tax efficiently during my lifetime to mitigate inheritance tax?
"I want to gift property to my children now rather than waiting till my death. How will this affect my tax position, especially considering there are planned changes coming in April to capital gains tax?" Good question! There is much anticipation of tax changes coming up in the UK Budget on 11 March, and the expected changes in capital gains is one of them. To be clear, in tax terms, [...]