Lisa Macpherson ATT TEP is head of tax technical at PKF Francis Clark, supporting the firm’s tax teams on policy and technical issues across its network of offices. She has more than 20 years’ experience working in all areas of taxation including compliance and consultancy. For the last fifteen years Lisa has specialised in dealing with inheritance tax planning, onshore and offshore trust taxation, residence and domicile issues, capital gains tax and pre-owned assets tax for a number of high net worth clients. She is a member of the Society of Trust and Estate Practitioners and the Association of Taxation Technicians.
Lisa Macpherson ATT TEP, head of tax technical at PKF Francis Clark, unpicks the complexity of the inheritance tax residence nil rate band (RNRB), transferable nil rate band and compliance issues, with case studies of typical scenarios
Compliance with the inheritance tax nil rate band (NRB) is a complex area but beneficial from a tax perspective as it allows a £1m IHT exemption. Lisa Macpherson ATT TEP, head of tax technical at PKF Francis Clark, examines transferable bands and residence issues
Lisa Macpherson, head of tax technical at PKF Francis Clark, considers the tax liabilities for savers using the personal savings allowance (PSA) and sheds light on the best approach as HMRC calculation rules do not exactly reflect the legislation
It is important to remember that you could easily become a higher rate tax payer as a result of the mortgage interest relief restriction interest restriction, particularly relevant to buy-to-let owners, warns Lisa Macpherson, head of tax technical at PKF Francis Clark