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Gifts and IHT

10th March 2023
A couple have received conflicting advice about reducing their potential inheritance tax (IHT) liability by making gifts. One view is that they need to survive at least three years from when a gift is made to save IHT. The other advice says they must survive seven. Which view is correct?  Kenny Logan from our Edinburgh...

Employee gifts and VAT

9th January 2021
After a tough year you might have scaled down Christmas gifts for your employees. Even so, you need to consider the VAT consequences which vary depending on the cost and type of gift. What should you be reporting on your VAT return? John Craig our VAT expert provides the answers. The cost of employing a...