depending on the age of the older parent, there is assets protection allowance that can vary from $43,000 for older parent who is 45 years old to $65,000 for older parent who is 60
That sharesave happened to be well over the ISA allowance, I believe the possibility of going into an ISA only applies to the value of the shares on exercising the option rather than the option price. Tax threshold-wise life is relatively easy for little people trying to reach FI/RE – ...
For example, perquisites (which cover things like parking, medical, and transport allowances) and benefits-in-kind (such as cars, personal drivers, accommodation, and so on) are taxable under law, but the government has provided some tax exemptions for them. If you want to find the answer ...