Tax laws change every year and sometimes more often. This guide was revised shortly after the October 2007 Pre-Budget Report, when the Government announced a number of major changes to capital gains tax and inheritance tax, as well as several other measures. There may be more changes before the Spring 2008 Budget and the subsequent Finance Act. These Tax Tips are designed to act as quick prompts to help you judge which ideas might be relevant to you or your business.
As always with tax planning, you should take competent tailored advice before putting a Tax Tip into action.
Disclaimer
This publication is for general information only and is not intended to be advice to any specific person. You are recommended to seek competent professional advice before taking or refraining from taking any action on the basis of the contents of this publication. Please note: All references in this publication to marriage and spouses etc should be read as including registered same-sex civil partnerships and civil partners. The publication represents our understanding of law and HM Revenue & Customs practice as at November 2007.
As always with tax planning, you should take competent tailored advice before putting a Tax Tip into action.
Disclaimer
This publication is for general information only and is not intended to be advice to any specific person. You are recommended to seek competent professional advice before taking or refraining from taking any action on the basis of the contents of this publication. Please note: All references in this publication to marriage and spouses etc should be read as including registered same-sex civil partnerships and civil partners. The publication represents our understanding of law and HM Revenue & Customs practice as at November 2007.
