Pothecary Witham Weld Solicitors - Pimlico - London

Expert legal services for
Individuals	Businesses	Charities, Not for Profit & Religious Organisations	Schools & Colleges
Pothecary Witham Weld is based in Central London providing specialist advice locally and nationally to charities and not for profits; individuals and families; companies and partnerships. The firm is best known for its church, charity and schools work and is widely regarded as one of the leading firms in these fields in the UK. The firm is also highly valued locally for its friendly and accessible range of legal services.

Expert legal services for

Charities, Not for Profit & Religious Organisations

Schools &
Colleges

Pothecary Witham Weld is based in Central London providing specialist advice locally and nationally to charities and not for profits; individuals and families; companies and partnerships.

The firm is best known for its church, charity and schools work and is widely regarded as one of the leading firms in these fields in the UK. The firm is also highly valued locally for its friendly and accessible range of legal services.

Latest News & Events

Happy Year of the Pig

The fifth of February marks the start of the Chinese New Year and the Year of the Pig. It is the tradition for older members of the family to give red packets containing money to younger members of the family at New Year for good luck.

It is a good time now to think about whether you could make gifts for tax planning and save inheritance tax on your estate.

Generally most people are aware that gifts to your spouse and to charities are exempt from inheritance tax, but there are other exemptions available.

You can make small gifts for birthdays, Christmas and other special occasions such as Chinese New Year of up to £250 for each recipient every tax year.

It is also possible to make gifts of up to £3,000 per tax year without any tax consequences and, if you made no gifts in the previous tax year, you can carry forward your unused allowance to the next tax year.

If you have a family member who is getting married, you could consider making a gift of up to £5,000 as parents; up to £2,500 if you are a grandparent; or up to £1,000 if you are any other relative.

Regular gifts which are made out of your income which do not affect your standard of living could also be exempt from inheritance tax.

If you need any further information on making lifetime gifts, please contact one of the members of our private client team here.