Magic & Miracles: This episode comes the unique timing of things, looking at the unexpected and all those magical stories.
Making Tax Digital
It Was There, We Just Didn’t Know It: What is an LPA? When stealing was our only option and do you have a Will?
Where’s The Password?: Covering sharing information that is not commonly shared, things to talk about when you still have the opportunity and nothing stops when you pass on.
Getting a Second Opinion: How not to be afraid of using private health care, knowing you have the right to say no and remembering it’s okay to get it wrong!
This is a snippet of how to process the treatment along with the patient. Things we could have done better, and stuff we wish we had known to make our lives easier.
With guest ‘Jordan’, we talk about children and their place when it comes to losing a loved one. Should they attend the funeral?
To Be Or Not To Be… There: Looks at how everyone sees this moment differently and “Never let the fear of striking out stop you from playing the game”
The Diagnosis: This is a snippet of how we reacted to our loved ones receiving a terminal diagnosis. Things we could have done better, and stuff we wish we had known.
THIS NEWSLETTER TOPICS: Helping businesses tackle the current financial climate! – Director tax-efficient salary recommendations – The New Basis Period Reform – Voluntary National Insurance Contributions – Today not Tomorrow!
No one likes to think about it but that doesn’t change the fact that we are going to get old, if we are lucky, and if not sooner than later, die!
All our contracts start with an informal chat with potential personal representative.
Be aware, Probate is complicated! We love complicated.
Spend less time chasing payments and more time focusing on your business
Thinking of hiring from the EU?
VAT Deferral New Payment Scheme
Are you missing out on the Marriage Tax Allowance break?
When Wills, Lasting Power of Attorneys and Probate really come into their own!
JT AccountS Newsletter Issue Three: Published December 2019
JT AccountS Newsletter Issue Two: Published October 2019
JT AccountS Newsletter Issue One: Published June 2019
What is a Lasting Power of Attorney? A Lasting Power of Attorney (LPA) is a legal document that allows someone to make decisions for you, or act on your behalf, if you’re no longer able to or if you no longer want to make your own decisions.
Following a death, it can be a confusing time and difficult to know what you need to do first.
Making a Will is vital if you want to be certain that your wishes
The current inheritance tax (IHT) allowance whereby no inheritance tax is charged is on the first £325,000 (per person) of someone’s estate – which is the value of the total assets they leave behind when they die (or 36% if leaving at least 10% to a charity). Couples can leave a home worth £650,000 without it attracting inheritance tax (singles £325,000). Above the threshold, the charge is 40%. This remains unchanged.
Whether an accountant already has a strong knowledge of the deceased’s financial affairs or if you have not worked with that accountant before, the combination of accounting, tax, law and administration skills required means they are often well placed to carry out this kind of work.
When you instruct JT AccountS to work on your Wills, Trust and Estate Administration, it means you can be confident that we possess the specialist knowledge and skills required to carry out your wishes. You can be assured that you will be in expert hands and we are taking all the necessary actions to plan for the future of your assets.
There comes a point in most people’s lives when they start to think about planning for their later years and eventually for when they leave this life, especially if they have dependants.