There are various exemptions, and potential exemptions, which make it possible to make gifts free of inheritance tax. Making tax-free...

Residence NIL Rate Band and downsizing The residence nil rate band (RNRB) is an additional nil rate band, which is available where a...

Tax-free Christmas parties Although the tax legislation contains an exemption to prevent employees from suffering a benefit-in-kind tax...

Lettings relief potentially shelters some of the gain from capital gains tax on the disposal of a property which has been an only or main...

Many organisations operate a staff suggestion scheme and reward employees where a suggestion is adopted which will benefit the...

Capital gains tax is payable on net gains to the extent that they exceed the annual exempt amount. Capital gains tax is a tax on the...

Under the rent-a-room scheme, it is possible to earn tax-free income from letting out a furnished room in your own home to a lodger. You...