by johnireland | Articles
Over the past five years, Family Investment Companies have moved from a niche planning tool used by the ultra-wealthy to a mainstream option for business owners and property investors looking to pass wealth to the next generation. A Family Investment Company — or FIC...
by johnireland | Articles
A New Record — and No Sign of Slowing Down In the twelve months to March 2026, HM Revenue & Customs collected £8.5 billion in inheritance tax (IHT). That figure is £200 million more than the previous year and marks the highest annual IHT haul in the history of the...
by johnireland | Articles
Most Families Never Use Their Gift Allowances — And Pay More IHT Because of It Every year, thousands of UK families pay more inheritance tax than they need to — not because they lack planning options, but because they never use the gift exemptions already available to...
by johnireland | Tax Talk
What Has Changed Between October 2024 and April 2026, CGT rates for business owners have risen sharply. Business Asset Disposal Relief (BADR) now charges 18% on the first £1 million of qualifying gains (up from 10%). The standard rate is 24% (up from 20%)....
by johnireland | Articles
A Tax Increase That Arrived in Stages Capital Gains Tax for business owners has undergone its most significant overhaul in over a decade. The changes did not arrive all at once — they were phased in across three fiscal events between October 2024 and April 2026 — but...
