The Chancellor’s winter economy plan unveiled further measures to protect jobs in the wake of the COVID-19 pandemic. … Read more
At this webinar, our Corporate Finance team discussed CBILS, Bounce Back Loans, Future Fund and CJRS, and provided a session on forecasting. … Read more
We are pleased to invite you to the first webinar in our upcoming four-part series of Trustee Training events … Read more
130 Wood Street, London, EC2V 6DL
enquiries@buzzacott.co.uk T +44 (0)20 7556 1200
This creates opportunities for more gifting / estate planning going forward. Remember that gifts to US charitable trusts could be deemed to be a settlement for UK tax purposes, assuming the settlor is considered UK domiciled or deemed domiciled. Please speak to us if you would like advice on having US/UK tax relief on charitable contributions and avoiding any UK Inheritance Tax on a settlement into trust.
There could be potential tax efficient gifts that could be considered before year-end. For example, you could make a gift of up to $15,000, per donee, per donor and not use up the current $11.18M estate tax threshold.
