We worked hard all of our lives, and accumulated a house-full of possessions solicitors call chattels. Some one has the task of disposing of our chattels amicably after we pass away. This is not a pleasant duty, but it is something that must be done. The law will … [Read more...]
Chattels and Capital Gains Tax – The Low Down
This brief introduction to chattels and capital gains tax is just that. You’ll find a more complete guide to capital gains tax implications by following the link. If you intend acting on what follows, you should speak to your tax adviser first, before reaching any … [Read more...]
HM Revenue And Customs Penalties For Negligent Valuation Of Household Assets
Probate Valuation Of Household Goods And Effects And Personal Belongings In December 2004 HM Revenue and Customs stated that it was anxious to establish whether the value of personal and household assets had been ascertained in accordance with the correct statutory … [Read more...]
