Many people have heard of the term, but don't understand what it is or how it works. Equity release is an option for homeowners to release tax-free cash from their property. It is becoming an increasingly popular way for people in or approaching...
In simple terms, Capital Gains Tax (CGT) is a tax charge applicable to the gain/profit on the sale of an asset, caused by an increased value in comparison to the purchase price. Most commonly this applies to second properties, shares, investments, the sale...
Inheritance Tax (IHT) is payable on everything you own with a value on your death, including your home, your savings and investments, your jewellery, your car, and any other property or land. It is most commonly paid on death, however there may be some...
What is Equity Release? Many people have heard of the term, but don't understand what it is or how it works. Equity release is an option for homeowners to release tax-free cash from their property. It is becoming an increasingly popular way for people...