We’re all about helping you understand how to make the most of your money.

So, we’ve put together a series of handy fact sheets to give you access to useful information about specific areas of tax that affect you.

Each tax guide offers you a comprehensive overview of the rules related to each tax area. Plus, the fact sheets are in plain English, so you don’t need to be an accountant or tax specialist to make sense of them.

Tax guides at a click of a button

You’ll find our new tax guides on our Resources page, where we’ll be regularly adding new content to help you plan your finances.

The following fact sheets are now available:

  • Married Couples and Rental Income
  • Your Practical Guide to Life Interest Trusts
  • Your Practical Guide To Discretionary Trusts

These documents will arm you with the knowledge you need to help you manage your money and secure your financial future for you and your family.

Married Couples and Rental Income

If you and your husband or wife own a rental property – or are thinking of buying one – this fact sheet will guide you through the tax issues you need to be aware of.

You’ll learn about the different types of property ownership and how the rental income is split between you and your spouse. The guide also explains how to change the ownership of your property and the different taxes you might be liable for, such as Stamp Duty Land Tax (SDLT).

Your Practical Guide to Life Interest Trusts

Get this fact sheet if you’d like a person or organisation to receive an income from your assets, but are unsure where to start.

The document details the process of setting up a life interest trust, including how to put it in place while you’re alive or via your will.

You’ll also learn about the tax implications of transferring your assets into trust and who can be a trustee.

Your Practical Guide To Discretionary Trusts

Read this guide if you’d like several potential people or organisations to receive money from your assets.

You’ll discover what a discretionary trust is and how to set it up. The fact sheet also details the various tax issues you need to know about.

Get your tax guide – today

To receive your fact sheet, simply visit our Resources page and choose the one you want in our online shop. We’ll then send you a link to download the guide, so you can read and refer to it at your leisure.

But if you’d like more detailed tax advice based on your personal situation, please contact our team of experienced tax advisers on 07813 434195 or stephanie.churchill@churchilltaxation.co.uk

Steph Churchill

Stephanie Churchill

Managing director & co-owner of Churchill Taxation