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The beginning of a new tax year invariably brings an update to the regulations around certain tax issues. This year, both businesses and individuals can expect to be affected by the changes that came in on 6 April 2018. Here is a brief summary of what’s happened and a few pointers on ensuring you make the most of your tax benefits.

Residential Nil Rate Band

The key change to affect individuals is the increase in the Residential Nil Rate Band (RNRB), which impacts inheritance tax planning. An extra allowance was introduced in 2017 to enable homeowners to use a tax-free sum against their main property. Subject to conditions – such as who the property is left to – individuals can use a further £125,000 against their main home, meaning that married couples could now pass on a total of £900,000 under the nil rate band.

Offshore trusts

Those with …

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Financial TimesIn 2016, Scott was named a finalist for the Financial Times and McKinsey & Company’s Bracken Bower Prize for one of the best enterprise guide proposal for an author underneath the age of 35, the presentation for which happens concurrent with the Business Book of the Year Award. The Prize, awarded annually, is known as after Brendan Bracken, the former Chairman of the Financial Times, and Marvin Bower, the former Managing Director of McKinsey.

The top seven programs on the FT checklist are all joint programs among two or more colleges. In reality, second place honors went to EMBA-Global Asia, a partnership amongst Columbia Business School, London Business School and the University of Hong Kong. Yet, this was the first 12 months that program was submitted to the Financial Times for rating consideration. Please be aware that our editors might make some formatting changes or right spelling or grammatical errors, …

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Business FinanceWhether you are a small or medium size enterprise, there are sometimes times when you need some assist to take what you are promoting to the following level. Which is why we have teamed up with Liberis to create Worldpay Business Finance.

Money market offers brief-time period credit. Here the individuals, authorities and institution having savings for a while come into contact with the borrowers needing brief-term funds. The instruments or evidence of credit score of cash market matures inside one year. The main perform of money market is to offer working capital loans to the businesses, loans to the government and supply loans for the purchase of goods and securities for speculation. The system of accumulating deposit and granting loans within the organised sector had started with the institution of Nepal Bank Ltd. in 1994 B.S The mobilisation of funds by selling securities to the general public had, nonetheless, …

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