Breaking up is never easy, but divorce makes things even trickier, especially when it comes to money! Tax advisor, Emma Walker, is joined by senior family solicitor, Nicola Furmston, from Kerseys Solicitors, to talk all things divorce from both a legal and tax perspective. They discuss recent changes and the pros and cons of no fault divorce, Capital Gains Tax charges on asset splits and property, ‘hobby’ trade income, Income Tax and self-assessment considerations, inheritance, the importance of wills, Lasting Powers of Attorney, and more. You can contact Nicola here and visit Kerseys website here. You can get in touch with Emma directly through the Our People section of our website here. For further information on today’s topic, and how we can help support you and your business on all tax related matters, click here. GET IN TOUCH! If you have any questions on today’s episode, and would like us to get in touch, email us at [email protected]. We would also love it if you could rate us 5 STARS on Apple Podcasts or Spotify, this really helps people find us! You can find more episodes from this series on our website here. Please note that this content does not constitute formal advice, and you should seek direct expert advice before acting on anything mentioned in this podcast. Listen here!
