Premises, SIPPs and Inheritance tax on death post March 2027
- Published
- Author
-
Once upon a time it was very attractive to have your business premises held by your Self- Invested Pension Plan (SIPP) or similar arrangement. That was back in the day when pensions were outside of the scope to Inheritance Tax (IHT) on death, which is scheduled to end for those dying after the end of […]
“I just need a simple Will”
- Published
- Author
-
I am a Senior Associate Solicitor at Buss Murton and specialise in Wills and Probate work. Whilst this may not sound the most interesting of areas, I can definitely say that no two matters I work on are the same! The reason being is that no two families are the same, the conventional idea of […]
Why DIY Probate Can Be a Costly Mistake and How We Add Value
- Published
- Author
-
When a loved one passes away, dealing with their estate can feel overwhelming. Many people consider handling probate themselves to save money, but in England, this approach often leads to unexpected complications, delays, and even financial loss. Here’s why going it alone can be risky and how our firm can help you navigate the process […]
Gifting Allowances – What Are They?
- Published
- Author
-
As we step into the New Year, many families take the opportunity to support loved ones through gifts—whether to help with education costs, property purchases, or simply as a gesture of generosity at this time of year. With a little forward planning, gifting can also form part of an effective inheritance tax (IHT) strategy. Gifts […]
Major Changes to Farm Inheritance Tax Relief – December 2025 Update
- Published
- Author
-
The UK Government has announced significant revisions to its planned inheritance tax reforms for farming families and rural businesses. Following extensive industry backlash, public demonstrations, and cross‑party pressure, the Government has raised the inheritance tax relief thresholds for agricultural and business property. These changes materially reduce the number of farms facing higher inheritance tax (IHT) […]
Future-Proofing for the Year Ahead: A Private Client Guide to Reviewing Your Affairs
- Published
- Author
-
As the busy Christmas period fast approaches, the “to-do” list has a habit of growing ever longer. The festive season – and the time spent with family – often prompts many of us to think about tackling some much-needed “life admin.” With that in mind, here are a few key points you may wish to […]
“What is included when you are purchasing a Property” – The Importance of Understanding the Difference between Fixtures and Fittings.
- Published
- Author
-
When purchasing a property, it is generally known that not everything you see during a viewing will be included in the sale. However, it is not always clear which items will remain, and which items the Seller is entitled to remove. The standard rule of thumb is that fixtures will be transferred with the land […]
The 2025 Budget and Arthur Conan-Doyle‘s ‘Dog which did not bark’ – Inheritance Tax
- Published
- Author
-
There was precious little last week in the budget with regards Inheritance tax and the now more closely aligned subject of the taxation on death of private ‘money purchase’ pension arrangements. What we did discover was continuing fiscal drag with the Nil Rate Band allowance continuing to be stuck at the level it has been […]
NEWSFLASH – Changes announced in the Autumn Statement
- Published
- Author
-
Today’s anticipated Autumn Statement, as delivered by Rachel Reeves, saw announcements made which effect both individuals and business alike. As with all Statement announcements, the devil will be in the details, which practitioners will hope to see coming out in the next few days/weeks. The key takeaway points from an estate planning perspective however are […]
Time’s up for “Rogue Landlords”?
- Published
- Author
-
The Impact of The Renters’ Rights Act 2025 “We’re calling time on no-fault evictions and rogue landlords”, says Housing Secretary Steve Reed, as the Renters’ Rights Act 2025 is set to transform renting in England. “Everyone should have peace of mind and the security of a roof over their head – the law we’ve just […]