Search articles

Gifting doesn’t need to be taxing

Posted by , Partner

Christmas is the time of year that people think about giving to loved ones and charities but the unintended tax and legal consequences can dampen that warm glowing feeling. We look some common issues and pitfalls encountered when making gifts under English law.

Read more

‘Stealth tax’ on estates announced by the Government

Posted by , Partner

At the start of November, the Government signalled its intent to revisit the controversial increase to probate court fees, looking to link them with the value of the estate (before Inheritance Tax) as opposed to the flat fee currently charged.

Read more

Planning for retirement?

Posted by , Solicitor

retirement pensioners

Retirement has been changing; with longer life expectancy, changing working habits and older generations increasingly assisting younger generations. For those planning their futures, it can be essential to take estate planning advice, make Lasting Powers of Attorney and keep an up to date Will.

Read more

Budget 2018 – Further steps by the Government to limit tax reliefs available to owners of multiple properties

Posted by , Solicitor

multiple lets landlord private wealth

This week’s budget was not exactly ground-breaking for Private Wealth clients and their advisers, although this was no doubt a welcome break, particularly for international clients, following the significant non-dom changes introduced from April 2017 and April 2018.

Read more

Have you sorted your offshore tax matters? Act now before it’s too late.

Posted by , Partner

offshore tax accounts evasion royds withy king

The deadline of September 30, to resolve any issues with UK tax filings in relation to offshore matters or transfers, is fast approaching. A failure to correct any non-compliance may result in stringent new penalties.

Read more

After the GDPR: Subject Access Request Exemptions

Posted by , Solicitor

GDPR subject access requests royds withy king

The General Data Protection Regulation (GDPR) and Data Protection Act 2018 have now been in force for over 2 months. Since the 25th May 2018, our employment and privacy teams have seen a large increase in the number of clients who are receiving subject access requests from both staff and customers.

Read more

Is it time for Inheritance Tax to be simplified?

Posted by , Partner

We have contributed to a public consultation run by the Office of Tax Simplification on how the UK’s inheritance tax regime could be made simpler and more accessible.

Read more

Lasting Powers of Attorney – A tool to protect the vulnerable

Posted by , Associate

LPA Lasting power of attorney royds withy king

This month saw a care home fraudster, David Barton, sentenced to 21 years in jail for conspiracy to defraud and for theft offences against elderly and vulnerable residents at his nursing home. Reports such as these highlight the possibility of fraud and theft against elderly and vulnerable people. We look at how making a Lasting Powers of Attorney (LPA) agreement can protect your finances and welfare, and the decisions made around them.

Read more

Lasting Powers of Attorney: Is the power in safe hands?

Posted by , Partner

Lasting Powers of Attorney (LPAs) have been in the press recently with headlines telling us that investigations by the Office of the Public Guardian* into actions of Attorneys are on the rise. Understanding an Attorney’s responsibilities, and an education of what they can and can’t do is often the important issue. We look at some of the ways you can make sure you are acting correctly as an Attorney.

Read more

Don’t forget digital! Estates are being undervalued as online assets are missed out.

Posted by , Partner

The online world is so entwined with our reality nowadays that we could be forgiven for forgetting, or underestimating, how many accounts and profiles we have created for ourselves over the years.

Read more

Beware executors – you’re liable for IHT, not the beneficiaries!

Posted by , Partner

Executors are responsible for the administration of an estate after the death of an individual. While they may benefit from the Will left by the deceased, or under the intestacy if there was no Will, they carry some heavy burdens whilst fulfilling their duties to administer the estate.

Read more

Lasting Powers of Attorney – how do I choose my attorney and what will their role involve?

Posted by , Associate

Recently within the press there have been concerns raised about the possible abuse of Lasting Powers of Attorney. These documents are incredibly important and really helpful if you or a loved one lose the ability to deal with your affairs. At Royds Withy King we prepare Lasting Powers of Attorney based on the needs and circumstances of the individual. We are able to include safeguards within the document to try to prevent any misuse of it and we can advise on what is appropriate for each client.

Read more

Search articles