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The OTS Inheritance Tax Report – update

The OTS Inheritance Tax Report – update

Following our recent article about the plans by the Office of Tax Simplification (OTS) to review Inheritance Tax and possible simplifications, their first report is now published – OTS Inheritance Tax Report. Following their research the OTS report focuses on...
Change to Probate fees – increase on IHT by stealth?

Change to Probate fees – increase on IHT by stealth?

On 5th November, the Ministry of Justice provided on update on plans for new legislation to implement a new, banded structure of fees for grant of probate. The plan was originally put forward in May 2017, and it has been confirmed that it will now be revisited. Tiered...