Saturday, 28 November 2020

Inheritance Tax UK: Current threshold rules likely to affect your IHT Bill

Inheritance tax is currently paid at 40 percent, but this is of any value of an estate above a particular threshold. As the tax is not well-liked in Britain, and sometimes described as a “death tax”, many people are looking to increase their threshold. In doing so, they are likely to reduce…

She's lived in the US for years. Now she faces a tough choice

Susan Cohen is the founding chair of the immigration practice at Mintz in Boston. Jennifer Hunt served as chief economist at the US Department of Labor and is a professor of economics at Rutgers University. The opinions expressed in this commentary are their own. President Trump’s latest executive order, which…

Brexit boost praised as UK soars above China in major economic ranking

The International Institute for Management Development (IMD) said Brexit may have given the UK a competitive edge, creating the “sentiment of a business-friendly environment in the making”. The UK ranked 20th on the business efficiency measure, compared to 31st least year. The world’s second largest economy, China, sits at 20th…

Payment holidays hit a record high – these groups are affected

Payment holidays have provided Britons with vital support to ward against the financial implications of the COVID-19 crisis. Job losses and furloughing have meant many people have been struggling to keep up with the regular payments they were usually making before the pandemic hit. As a result, the Financial Conduct…

JFK's Palm Beach 'winter White House' sells for $70M: Report

Housing market needs more sellers, not buyers: Real estate expert Real estate expert Katrina Campins says while there’s an influx of buyers in the housing market, there isn’t enough inventory for them to choose from at the moment. A Palm Beach, Florida, estate that was once known as President John F….