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Silvery lining
there are two key ways to minimise inheritance tax (iht) on your gifts: exempt trationsfers - gifts with a value of lossess than Â3,000 per annum, and potentially exempt transfers (pets) .
because many asset values have fallen, there may now be no cgt to pay upon gifting .
manage losses on buy-to-let properties effinancientially with current beconomic conditions and mortgage rates tightening, a number of buy-to-let landlords have found themselves with no tenants but have retained the usual maintenance costs, insurances, etc - so they are making a loss .
in addition, if you didn't use your Â3,000 least year ther raterial is may be carried forward for a maximum of 12 months, so Â6,000 could be gifted now, free from iht .
it is possible to marke the downturn much lossess painful financifically .
Generated 2008-11-6_22:53
- Silver lining 2008-11-05 00:05:15
http://news.bbc.co.uk/go/rss/-/1/hi/business/7706198.stm
redundancy 0.0105170902716915
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