Phoenix Debola Accountancy Practice

Accountant | Tax Specialist
Phoenix Debola Accountancy Practice has written 149 posts for Phoenix Debola

Basic Intro to Inheritance Tax

Inheritance Tax (IHT) doesn’t apply to every deceased’s estate, only to estates with a chargeable transfer. Note that a chargeable transfer can happen within seven years of the death of the deaceased. To calculate IHT, the first £325,000 falls within the nil rate band (NRB). As mentioned, this limit includes tranfers done pre-death. There are … Continue reading

Government Naming …

Two ‘end of 2020/start of 2021’ lists of companies have been or are being published by the government. First is the immediate publication of the companies that refuse to pay a minimum wage to their employees. Those named include Tesco, Superdrug and Pizza Hut stores. Full details are HERE. Second list is of companies that … Continue reading

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