Show Notes and Links:
Areas covered:
Inheritance Tax, Capital Gains Tax, Income Tax, Corporation Tax, VAT and Dividend tax.
Note:
You do not pay Capital Gains on your main home, but may be liable for additional properties such as holiday home etc.
The Dividend threshold is £5000 (£2000 next year):
https://www.gov.uk/tax-on-dividends
General info:
https://www.gov.uk/government/organisations/hm-revenue-customs
Tax rates and allowances:
http://www.ukbudget.com/files/deloitte-uk-tax-rates-2017-18.pdf
Business Property Relief:
https://www.gov.uk/business-relief-inheritance-tax
Inheritance Tax – 7 year Rule
https://www.gov.uk/inheritance-tax/gifts
Tax Calculator:
https://listentotaxman.com/
Books:
The Daily Telegraph - Tax Guide 2017
Mark Dampier - Effective Investing: A simple way to build wealth by investing in funds
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