IHT
HMRC creates secret unit to go after wealthy families
As it cracks down on inheritance tax avoidance through the creation of private companies
UK parliamentary group proposes ‘complete overhaul’ of IHT
It has the ‘magical ingredient’ of simplicity and could mean less avoidance
Stop looking at succession planning just through prism of IHT
More can be gained by emphasising strategy and governance over tax
IFAs still confused by nil rate band rules
Some are uncertain about tax penalties and what the limit is for gifts
IFAs not sold on Office of Tax Simplification’s IHT proposals
Only 19% believe they will have a positive impact if introduced