IHT
Tax wish list for the wealth industry
Changes to IHT, stamp duty, property, trusts and pensions in private client space wanted
Brits want IHT nil rate band doubled
Politically ‘it would certainly be seen as a positive step by the majority of people’
Call to scrap pension tax-free cash will ‘damage confidence’
Backlash to think tank proposal axing 25% allowance to pay for abolition of inheritance tax
Is an inheritance tax cut on the cards?
UK chancellor says ‘it’s something that’s on my mind’
Best Practice | 23 Sep 19
Three reasons why inheritance tax is becoming a ‘perfect storm’
Inheritance tax (IHT) divides opinion, because it creates the potential for a person’s wealth to be taxed twice; firstly as it accumulates through income and/or capital gains taxes, then again on death.