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...
HMRC reviews trusts and inheritance tax levels

HMRC reviews trusts and inheritance tax levels

HMRC have announced they have launched what has been described as the biggest review of trusts in years, which is to investigate how fair and fiscally neutral they are. Raised in the Autumn 2017 budget, according to the HMRC paper the consultation will set to make the...