ETC Tax

30/08/2026

The inheritance tax planning mistake we see time and time again

“Can I just put my house in my children’s names and avoid Inheritance Tax?”

It’s one of the most common questions we’re asked, and on the face of it, it sounds like a simple solution.

If you no longer own the house, surely it won’t form part of your estate?

Unfortunately, Inheritance Tax isn’t quite that simple.

Transferring your home to your children while continuing to live there can create unexpected tax consequences and, without the right planning, could leave you in a worse position than if you did nothing at all.

So, before signing over the family home, it’s important to understand exactly what the tax rules mean for you.

If only it were that easy…

👉 Read our latest article to find out more:
https://etctax.co.uk/can-i-avoid-inheritance-tax/

25/08/2026

Need tax support without taking on a full consultancy project?

Tax Partner Pro membership gives professional advisers access to ETC Tax’s team of qualified tax experts, providing behind-the-scenes support across a wide range of UK tax matters, including VAT.

It’s ideal when you need:

A second opinion on a tax issue
Expert input on a client query
Written advice you can refer back to
Practical answers rather than simply being pointed towards legislation or HMRC guidance
Access to specialists across different areas of tax
Additional support to complement your own in-house expertise

Members also benefit from exclusive online content, discounts on consultancy work and discounted bespoke training sessions.

Think of Tax Partner Pro as an extension of your team, giving you additional tax expertise when you need it, so you can confidently support your clients.

Want to find out if Tax Partner Pro could work for your firm?

Get in touch with the ETC Tax team to arrange a call and find out more.

https://etctax.co.uk/contact-us/

24/08/2026

Giving money during your lifetime can be incredibly rewarding. Whether it’s helping your children onto the property ladder, contributing towards university fees or supporting grandchildren, you get to see the difference your gift makes.

But before making a significant gift, it’s important to consider the wider tax implications.

Lifetime gifts can have Inheritance Tax (IHT) consequences, and the timing and structure of a gift can make a significant difference.

There’s no one-size-fits-all answer. The right approach will depend on your finances, family circumstances and longer-term plans.

Our latest article looks at the pros and cons of giving now versus leaving an inheritance in your Will, along with some of the key IHT considerations to think about.

👉 Read the full article: https://etctax.co.uk/gift-now-or-inherit-later/

30/07/2026

Still wondering if Making Tax Digital applies to you?
If so click here https://etctax.co.uk/making-tax-digital-is-here/

28/07/2026

19/07/2026

HMRC's long-awaited Capital Goods Scheme reforms are almost here.

Find out what the changes could mean for your business.

https://etctax.co.uk/vat-update-capital-goods-scheme/

17/07/2026

Is being "nice" part of your business strategy?

When we receive client testimonials, we're always pleased to hear words like efficient, proactive, and knowledgeable.

Recently, two separate clients described our team as "nice people" and "lovely people."

Comments like this mean just as much.

Why????

Tax isn't always about numbers; it can be about someone worried they've made a mistake on a tax return, a business owner making a huge financial decision, or a family navigating sensitive subjects such as inheritance.

These conversations can, at times, be stressful, emotional and personal.

You can be the most qualified/knowledgeable tax adviser in the building, but if your clients don't feel comfortable talking to you, they'll often hold back information. This could have a huge impact on the advice given.

Whilst we're proud to be recognised for our technical expertise, we're equally proud when clients remember us for the way we made them feel.

Thank you to every client who takes the time to leave us feedback. We never take it for granted.

If this post has prompted you to leave us a 'nice' review, click here ➡️ https://g.page/r/Cd8r_IFq0ES4EBE/review

15/07/2026

Passing on wealth is one thing. Passing on a business is another.

When people talk about inheritance tax planning, they often bundle everything together under the heading of "protecting family wealth".

In reality, there's a big difference between passing on wealth and passing on a business.

Click here to find out more - https://etctax.co.uk/passing-on-wealth-is-one-thing-passing-on-a-business-is-another/

03/07/2026

⚠️ 5 Costly Mistakes People Make on Complex Self-Assessment Tax Returns

If your tax affairs go beyond a simple PAYE income, the chances of making an expensive mistake increase significantly.

We regularly see errors involving:
📌 Property income
📌 Investments & share disposals
📌 Cryptoassets
📌 Overseas income & assets
📌 Trusts and other complex tax matters

Even small omissions can lead to HMRC enquiries, penalties, interest, and unexpected tax bills.

We've rounded up the 5 most common (and costly) mistakes we see, and how to avoid them.

👉 Read the full article here - https://etctax.co.uk/5-costly-mistakes-people-make-on-complex-self-assessment-tax-returns/

26/06/2026

We're hiring, are you joining?

Find out more here - https://etctax.co.uk/about/careers-and-opportunities/