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NEWS AND INSIGHTS

Everything, everywhere, enterprise, employment, EIS, energy costs and (err) a big giveaway for pensions

Budget 2023 Comment: Everything, Everywhere, Enterprise, Employment, EIS, Energy costs and (err) a big giveaway for pensions

16 March 2023

Wednesday marked the first Spring Budget for Chancellor Jeremy Hunt following his Autumn Statement last November. He built it around four 'Es'.

Preparing for the possibility of a Labour Government

Preparing for the possibility of a Labour Government

27 September 2023

In this special edition of The Digest, we focus on four areas in which a future Labour government might shake up the current tax regime and what you can do now to prepare.

Although the next general election could be held as late as January 2025, it is widely expected that it will be called earlier – probably in Autumn 2024. Current opinion polls suggest that it is very likely that the next government will be a Labour one.

Woodland.

Tax relief on woodland

11 July 2022
Many farms and estates contain areas of woodland, but what tax reliefs are available in respect of woodland? Elisabeth Gubb discusses the potential reliefs and the information HMRC is likely to request.
Double tax treaties: guidance for Indian and Pakistani individuals living in the UK

Double tax treaties: guidance for Indian and Pakistani individuals living in the UK

24 July 2023

Are you from India or Pakistan and living in the UK? You may be able to take advantage of a unique estate planning opportunity available because of the unusual terms of the double tax treaty the UK has in place with each of these countries.

Family foundations: generosity helps more than you might think…

Family foundations: generosity helps more than you might think…

27 February 2024

I have had the privilege of volunteering at a local charity in the North East and have seen first-hand the profound benefits of the practical and compassionate support it provides. My reward for simply giving-up some time was a feeling of well-being (and a reality check on my stress levels!). However, the rewards for those considering philanthropy can extend from emotional into financial and practical benefits too.

Making a gift of the family home.

Gift and leaseback arrangements: inheritance tax planning with the family home

11 July 2022
Making a gift of the family home can be an effective way to reduce your inheritance tax liability, but there are many issues to consider both practically and from a tax perspective.

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Copyright © 2024. Womble Bond Dickinson Wealth Limited is a limited liability company registered in England and Wales under company number 8375875 with its registered office at 4 More London Riverside, London, SE1 2AU. Its main trading address is The Spark, Draymans Way, Newcastle Helix, Newcastle upon Tyne, NE4 5DE. Womble Bond Dickinson Wealth Limited is authorised and regulated by the Financial Conduct Authority and its details can be checked on the Financial Conduct Authority register under reference number 596652. Womble Bond Dickinson Wealth Limited is a wholly owned subsidiary of Womble Bond Dickinson (UK) LLP. "Womble Bond Dickinson", the “law firm” or the "firm" refers to the network of member firms of Womble Bond Dickinson (International) Limited, consisting of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP. Each of Womble Bond Dickinson (UK) LLP and Womble Bond Dickinson (US) LLP is a separate legal entity operating as an independent law firm. Womble Bond Dickinson (International) Limited does not practise law. Please see www.womblebonddickinson.com/legal-notices for further details.