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Transact Technical Centre

Welcome to the Technical Centre, giving you access to insights and articles from our experienced Technical Team. You can filter all articles by topic using the dropdown menu to the right.
Maximising Investment Bond Flexibility and the Advantages of Higher Segmentation
Investment bonds, whether onshore or offshore, offer investors valuable opportunities for tax planning and flexible withdrawals. One of the most important yet often overlooked decisions...
A Study in Gifting: Periodic Issues
Relevant property trusts are subject to inheritance tax (IHT) if the amount gifted, plus other chargeable lifetime transfers (CLT) made in the seven previous years...
Getting the most out of Lifetime ISA
The Lifetime ISA (LISA) was introduced in April 2017 as a dual-purpose investment plan designed to help individuals save for a first home and whilst...
A Study of Gifting: Discounted Gift Trusts
Last month we looked at how a loan trust can be an option for those starting out on a gifting journey – no actual gift...
A Study in Gifting: Loan Trusts
The changes announced in the autumn Budget to the tax treatment of pension death benefits from April 2027 means a number of people are going...
Pensions, IHT Headaches And The Potential For Gifting
The announcement in the Autumn Budget 2024 that from 6 April 2027, unused pension funds will form part of the deceased’s estate, has the potential...