IHT
Tax & Regulation | 15 Mar 17
UK supreme court rules against inheritance challenge
An estranged daughter has lost a supreme court bid to overturn her mother’s will, which excluded her only child and left her £0.5m ($0.6m, €0.57m) estate to three animal charities, in a decision that leaves things “slightly confused”, says Old Mutual Wealth’s Rachael Griffin.
Best Practice | 15 Mar 17
Four key IHT planning tips for residential nil rate tax band
Some changes in inheritance tax law can affect wills and trusts, including the introduction of the first tranche of the Residential Nil Rate Band (RNRB) of £100,000 on 6 April 2017, says Karen Clark, tax partner in charge of the London private client team at RSM.
Tax & Regulation | 13 Mar 17
IHT receipts predicted to leap by £1.8bn in five years
Rising house and equities prices will push up receipts from UK inheritance tax by £1.8bn ($2.2bn, €2.1bn) over the next five years, according to the Office of Budget Responsibility.
Property, tax and IHT planning under the new UK non-doms regime
With changes to the UK non-domicile regime set to go live next month, Canada Life’s Neil Jones talks through what the reforms mean for property, taxation and IHT planning.
Tax & Regulation | 28 Feb 17
Estates over £1m face 1% ‘stealth tax’ as probate fees rise
The UK government will replace the current flat fee system for grants of probates with a new tiered levy, which could see estates over £1m ($1.24m, €1.17m) tens of thousands of pounds worse off.