Tax warning: Parents & grandparents told they could be ‘opening themselves up to tax bill’
TAX IS paid in a variety of ways, but parents and grandparents are being reminded that gifting money to their children and grandchildren could potentially leave them facing a tax bill. Daily Express :: Finance More...
Inheritance Tax UK: How grandparents can gift an ‘unlimited amount of excess income’
INHERITANCE TAX currently stands at 40 percent, and it’s charged at this rate on any part of an estate that exceeds the IHT threshold. Grandparents may look to give gifts during their lifetime, and an expert More...
Inheritance tax to be affected by new law arriving in 2021 – grandparents may be hit
INHERITANCE tax, pensions and other financial considerations may be impacted by oncoming divorce law changes according to new analysis. This could be further complicated by additional research which shows elders More...
State pension: How grandparents could get extra £250 worth of state pension per year
STATE PENSION payments make up an important form of income for many in retirement. There is a way for grandparents to claim National Insurance credits worth £250 per year. Daily Express :: Finance Feed More...
Grandparents can get an extra £2,250 worth of state pension over the phone
STATE PENSION helps to provide in later life, and state pensions credits increase the amount Britons can get. Now it has been revealed grandparents can claim £2,250 in state pension credits over the phone, £250 More...
Grandparents can get an extra £5,000 from their state pension – how much can you claim?
STATE pension is a sum of money that Britons over state pension age can claim to help them in later life. Grandparents can get an extra £5,000 from their state pension in credit – how much extra could you More...
Inheritance tax: This is why grandparents and parents hang onto their money
GRANDPARENTS and parents would give more money to their families if they thought they could do it without paying a tax bill. But because they do not understand inheritance tax rules, they hang onto their wealth More...
Inheritance tax: The trick that allows grandparents to avoid death duty
GRANDPARENTS can use an inheritance tax loophole to protect assets and help younger family members with the cost of university, according to experts. Daily Express :: Finance Feed More...
Grandparents missing out on tax credits that would boost their pensions
THOUSANDS of people who are helping to bring up their grandchildren could be missing out on valuable credits which would help to build up their pension, research has found. Daily Express :: Finance Feed More...
Depressed Parents, Grandparents Increase Risk for Children
(Photo: Pixabay, Creative Commons) Researchers have known for some time that young people whose parents suffer from major depressive disorder (MDD) face a heightened risk for depression – but now they More...