The Organisation for Economic Cooperation and Development (OECD) is the latest body to wade into the inheritance tax debate – on a global scale. Inheritance tax (IHT) and similar gift/estate taxes raise a very small... read more →
The outcome of a recent High Court case is a warning for anyone challenging a will. As inheritances become more valuable, the number of disputes about wills have increased. Court cases rose by almost 50% to... read more →
The Spring Budget on 3 March was not the end of the taxing story. The run up to the March Budget was accompanied by much press speculation about changes to... read more →
The freeze on the inheritance tax (IHT) nil rate band will mean more tax from more estates. In March 2006 the then Chancellor, Gordon Brown, announced that the IHT nil... read more →
As the pandemic enters its second year, what have we learned? The World Health Organisation declared Covid-19 a pandemic on 11 March 2020, coincidentally the day that Chancellor Rishi Sunak... read more →
We are all aware that at any point in our lives, we could be involved in an unfortunate incident that may affect our capabilities and our health, yet too few... read more →
The Supreme Court has handed down a long-awaited decision on a complex case. Mrs Staveley died in December 2006, but it was only in August 2020 that the Supreme Court... read more →
More arguments about wills are reaching the High Court. A recent report from the Ministry of Justice revealed that, last year in England and Wales, 188 cases involving contested wills... read more →
HMRC’s recent suspension of IHT investigations during the Covid-19 crisis opens up a brief opportunity for executors to get their IHT accounts in order. HMRC normally investigates around 5,500 IHT... read more →
At present, we are all being advised to stay home whilst the UK fights the coronavirus epidemic. For many people this means more downtime, and whilst this may not be... read more →
