Capital gains simplification on the cards for divorce settlements
New legislation is set to simplify one aspect of tax on divorce or dissolution. Marriage is not what it used to be. In 2020, 46% of births in England and Wales took place outside of a marriage or civil partnership, … Continue reading
Inheritance tax receipts double in a decade
New data from HMRC show the Treasury’s inheritance tax (IHT) receipts have doubled since 2012/13. Source: HMRC. Of all the various taxes levied in the UK, IHT is one of the most peculiar: For a start, its name is misleading. … Continue reading
Kwasi Kwarteng’s first Budget
‘The Growth Plan’: 23 September 2022 Introduction Kwasi Kwarteng’s first set piece as Chancellor of the Exchequer was never going to be easy, even before the 0.5% increase in interest rates the day before. The new Prime Minister Liz Truss … Continue reading
Tricky teens: inflation set to soar beyond 13%
The Bank of England has said that inflation could reach over 13% before the end of the year. But that’s the lower end of the speculation. The inflation figure in July 2022 reached an eye-watering 10.1%, as measured on the … Continue reading
Three financial lessons from the Covid-19 pandemic
The pandemic taught us many things, but some of them are already slipping away. The Covid-19 pandemic is now beginning to fade from the collective consciousness, despite the best efforts of the Omicron variants to snare those who had previously … Continue reading

