‘PPI – The end of an era?’ and ‘Business Relief’

PPI – The end of an era?
Midnight 29th August marks the deadline for claiming on mis-sold PPI. A total of £340.4m was paid out in compensation in June 2019 bringing the total paid out since January 2011 to a stunning £36bn. What next for the banks?

Business Relief – One of the tax man’s best kept secrets
Most people think that to avoid IHT you must give away assets and survive 7 years – this is a real problem if you later need the money. In fact if you hold certain qualifying investments for more than 2 years those investments are outside the scope of IHT – but you can still access the capital if you need to – saving £40,000 in tax for every £100,000 invested.

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