A lesson in why it pays to take advice has ended with a creative decision from a tax tribunal.   It is unfortunately all too common for the UK’s labyrinthine tax legislation to create some unwelcome tax traps for the … Continue reading →

Not all the contents of the March Budget reached the statute book. Democratic scrutiny is not always what it seems. Consider this year’s (first?) Budget, presented by the Chancellor on 18 March. It was followed by the issue of a … Continue reading →

At long last it has become possible to transfer Child Trust Funds to Junior ISAs.   One of the first acts of the coalition in May 2010 was to announce an end to the Child Trust Fund (CTF), with no … Continue reading →

ISAs can now be inherited in limited circumstances. In last December’s Autumn Statement, one of George Osborne’s surprise announcements was that ISAs would become inheritable by surviving spouses and civil partners. As pension funds can now pass down through generations, … Continue reading →

A Help to Buy ISA will be launched in the autumn, aimed at helping first time buyers get onto the housing ladder.   One of the rabbits which did not escape from Mr Osborne’s hat before the Budget was the announcement … Continue reading →