The Budget 2005 & Inheritance Tax: Has the Chancellor Done Enough?

Written by Janine Byrne


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Adequate Increases?

Arerepparttar increases torepparttar 119142 inheritance tax threshold good enough? Should they have been increased further? It is certainly true that previous inheritance tax increases have not been so steep; usuallyrepparttar 119143 increases are made in line with current inflation rates. However, this Budget has seen an increase which is way above inflation.

Onrepparttar 119144 other hand,repparttar 119145 contrary argument is thatrepparttar 119146 high rise in house prices necessitated such an increase, and even this may not be enough. The Halifax Building Society calculated that hadrepparttar 119147 inheritance tax threshold increased in line with house price inflation overrepparttar 119148 last 10 years, thenrepparttar 119149 current threshold would be sitting at £390,000 - significantly less thanrepparttar 119150 figure announced by Gordon Brown.

Conclusion: Budget Blues

So was this a 'bad' budget' fromrepparttar 119151 inheritance tax point of view? Not entirely. Any increase inrepparttar 119152 Nil Rate Band is to be welcomed as it sets free some of those caught inrepparttar 119153 inheritance tax net. As Simon Massey (partner with chartered accountancy firm Menzies) told BBC News, "The increase torepparttar 119154 Inheritance Tax threshold is a long way above inflation and is very welcome...It is good to see something being done."

So whilstrepparttar 119155 increase may not exactly be in line withrepparttar 119156 current house price situation, it will certainly be a relief to many, and any increase is better than no increase at all.

JsByrne LLB (Hons) PGDip.LPc. www.Draft-Your-Will.com

Miss Janine Byrne holds a Bachelor of Law degree with Honours & a post-graduate diploma in Legal Practice. Also gained qualification in Wills Writing & is the owner/author of www.Draft-Your-Will.com and DYW Wills & Estate Planning Newsletter www.Draft-Your-Will.com/Legal_Updates.html


Wrongful Death Lawyers Online

Written by Mart Gil Abareta


Continued from page 1

When you search for wrongful death lawyers online, you’ll get lots of them inrepparttar search result finds. More specifically, you can search forrepparttar 119141 attorneys in your area, too. The Internet really has all ofrepparttar 119142 information that you may need about wrongful death lawyers to form a better case. Since it can be difficult to understandrepparttar 119143 complexity ofrepparttar 119144 legal system, it will be wise to find a lawyer to protect your rights throughrepparttar 119145 web.

Truly,repparttar 119146 Internet has made finding wrongful death lawyers and everything aboutrepparttar 119147 law simpler. There are several websites available that can provide you withrepparttar 119148 legal help that you are seeking. Knowing your legal rights does not have to be difficult, especially now thatrepparttar 119149 Internet continues to expand its role in bringing everything to its users.



Looking for tips and suggestions about legal matters, visit http://www.personalinjurylawyersinc.com


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