Archive for December, 2011

December 5, 2011

PETs are not just for Christmas – a brief guide to inheritance tax.

by honeybarrett

Inheritance tax is in general only payable on substantial gifts into Trusts or on death.  The current rate is 40%.  Lifetime gifts are normally PETs (potentially exempt transfers).

If you, or your parents, are looking to reduce eventual inheritance tax liabilities there are various simple opportunities available:

December 5, 2011

Wishing you a Wet Christmas

by NASGP

After a serious case of writer’s cramp some years ago, we dispensed with our annual Christmas cards to our Sessional GP Group leaders and instead opted for a gift from NASGP to those around the world who need some support with life’s basics. So this year, on your behalf, we’ve bought safe water supplies for 160 people somewhere in the developing world. This will add to other donations from you over the years that have included goats, some emergency tents and a couple of toilets.

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