We wrote this article about the inescapable importance of accurate valuations, because they matter more than many people realize. Value affects how much tax we pay, what we can claim from insurance, and how fairly we share our assets upon death. Put simply, if values … [Read more...]
Should I Invest in Chattels in England?
It’s always a good idea to diversify investments as a hedge against an uncertain future. Several visitors wrote in and asked should I invest in chattels now? Let’s review the implications of chattels held purely for investment in England. Then you can use this as input … [Read more...]
Chattels of a Deceased and Chargeable Gain
The chattels of a deceased person may attract capital gains tax in the United Kingdom under certain circumstances. The current tax rate at the time of publishing is 24%. This can add up to a sizeable sum. It may be well worthwhile whittling away within the law for the … [Read more...]
