7-Year Gifting Rule Explained: How Families Can Still Face Inheritance Tax Many people believe that once a gift has been made, surviving seven years means it automatically falls outside the estate for inheritance tax purposes. In principle, that is true. But the detail behind the rule is often misunderstood, and that misunderstanding can leave families…

VAT Reclaim Self Build Northern Ireland – Complete Guide to Claiming VAT If you are building your own home, you may qualify for VAT reclaim self build Northern Ireland through HMRC’s DIY Housebuilders Scheme. Many self-builders pay VAT on building materials during construction. However, HMRC allows individuals to reclaim VAT on certain materials once the…