Author: Mark Kirkham

Your asset protection specialist

What Is The Best Thing To Do When You Inherit Money?

At first sight news about inheritance and a large amount of cash or, in fact, other assets, such as property or stocks, will bring sadness at the passing of a loved one, are often followed by joy for the beneficiary. If those assets are not appropriately managed, they will quickly diminish and become a burden…
Read more

Stamp Duty Land Tax exemptions and reliefs explained

Last time we looked at the stamp duty land tax (SDLT) situation from an overall perspective. Every property sold in the UK for more than £40,000 is assessed for SDLT and the amounts due are to be reported and paid to HMRC within 14 days of completion. We looked at some examples of sales at…
Read more

2021-2022 Stamp Duty Land Tax Rates in the UK

When you purchase a property in the UK a tax or duty is payable to HMRC. Known officially as stamp duty land tax (SDLT), this is a tax that was significantly changed from its predecessor, Stamp Duty. The UK government renamed and relaunched the tax in December 2003 and displayed the new rules and rates…
Read more

Do I have to pay inheritance tax on my parents’ house?

A short answer to the question “Do I have to pay inheritance tax on my parent’s property” is yes. You have to pay inheritance tax in the UK for your parent’s house, and families often question why they have to pay taxes on property and estate that is theirs. During a lifetime, one will pay…
Read more

Advantages of setting up a trust account in Hong Kong

A trust is a safe, some say impenetrable structure, that provides a secure platform to house your investments. It offers the assets placed within protection against all manner of eventualities, especially if you establish your trust in Hong Kong. ‘Asia’s World City’ is a highly regulated jurisdiction and has a favourable taxation regime, making Hong…
Read more

Inherit without paying tax in the UK

How much can you inherit without paying tax in the UK?

The rules around UK inheritance tax, who pays it, how much they pay and when it is paid, is an intricate and sometimes confusing subject. When your loved ones pass away, they intend that their accumulated wealth goes to you. The UK IHT regime is such that the estate of a deceased person is assessed…
Read more


A Trust is a mechanism whereby one person (the ‘settlor’) may give away the enjoyment of assets to a group of individuals (the ‘beneficiaries’), while control and decisions on the administration and investment of those assets lie with others (the ‘Trustees’). The Settlor is the person who provides the assets of the trust. Unless he…
Read more

Client Data Privacy and Protection is important to us. Please Click Here for a copy of our Personal Information Collection Statement (PICS).

© 2024 Soteria Trusts |   Privacy Policy |   Disclaimer