IHT
Best Practice | 18 Oct 16
The clock is ticking for UK non-doms on IHT property rule
Now is the time for advisers to help their non-UK-domiciled clients tackle the radical changes set to restrict tax benefits on indirect property holdings, says FPI’s Brendan Harper.
Best Practice | 17 Oct 16
IHT knowledge gap means unexpected tax bill for many
More than three in five UK adults with assets above the individual inheritance tax (IHT) threshold do not know what the limit is and are potentially putting their families at risk of an unexpected tax bill, according to Canada Life.
Tax & Regulation | 26 Sep 16
Clinton proposes 65% inheritance tax for billionaires
US presidential candidate Hillary Clinton has proposed raising inheritance tax paid by ultra-rich Americans to 65% on property valued at more than $500m (£385m, €445m), in a bid to appeal to the supporters of her former Democratic rival, Bernie Sanders.
UK to tighten IHT rules on non-dom offshore properties
The British government plans to extend its inheritance tax (IHT) rules to cover properties held by non-domiciled residents in an offshore entity.
Tax & Regulation | 29 Jul 16
UK reports record £5bn in IHT as Prudential spots advice ‘boom’
The British tax office has set a new record by raising nearly £5bn ($6.6bn, €5.9bn) in inheritance tax (IHT), according to the latest figures from HM Revenue and Customs (HMRC).