Skipton Insight: new tax year podcast
The new tax year heralds a number of important considerations for investors – and we’re here to help you think about your plans.
Leaving an inheritance will help your future generations
It is important that you are financially secure and as prepared as you can be for the future, but we understand you want to make sure your loved ones are financially secure and protected too.
2017 Autumn Budget: our view of how it might affect your personal finances
It was a Budget of few surprises. Chancellor Philip Hammond’s hour-long Budget speech featured familiar topics and soundbites about the government’s spending plans. But below the headlines about abolishing stamp duty for first time buyers on properties below £300,000, how will your personal finances be affected?
Will I have to pay inheritance tax?
Firstly, if you have an inheritance tax liability, it won’t be you who has to pay it. It will be the executor of your estate – which is typically your loved ones.
Ways to reduce your inheritance tax liability
Worried about your loved ones paying inheritance tax upon your death? If so, the good news is there are many ways you could reduce your inheritance tax liability. And the sooner you put your plans in place, the more effective they may be.
What happens to my money should the worst happen?
It's very important to many of us that our loved ones are financially supported after we are gone. It’s not that we want to contemplate our own death, but thinking now about what we can do to ease the burden on our family, and reduce the headaches of unravelling our finances, can offer important peace of mind.