Engaged couples who have lost thousands on cancelled weddings since coronavirus could be in for another financial blow due to knotty tax rules that result in unmarried partners who buy a house being penalised.
Rebecca Fisher comments in The Telegraph that there may be ways around these complex rules but that couples should seek tax advice.
'Cancelling my wedding twice landed me with a £59k stamp duty bill' is available to read on The Telegraph website via subscription.
Rebecca is a partner in the private client group advising families and individuals on all aspects of private client law including wills, estate planning, administration of estates, trusts and powers of attorney.
She regularly advises clients including entrepreneurs, business owners and multi-generational family businesses on succession planning, with particular focus on inheritance tax and capital gains tax planning. Rebecca fully understands the unique challenges that family businesses face.