IHT
Tax & Regulation | 5 Apr 16
HMRC bags record £4bn in IHT
HM Revenue and Customs (HMRC) has raised more than £4bn ($5.7bn, €5bn) in revenues from inheritance tax (IHT) for the first time in its history, according to the latest figures published by the UK tax office.
Offshore bond demand to rise following pension changes
Over a third (36%) of professional advisers expect to recommend more offshore bonds to clients following reductions to annual and lifetime limits for pension contributions, according to Canada Life.
Investment | 17 Feb 16
Financial advisers keeping it in the family
The majority of financial advisers (82%) expect to see increasing numbers of clients referring them to other family members, according to research from Investec Wealth & Investment.
OMW lifestyle trust targets growing IHT market
As HMRC remains focused on new rules for inheritance tax and trusts, Old Mutual Wealth has responded to calls for greater IHT flexibility with its newly launched lifestyle trust.
Tax & Regulation | 10 Feb 16
IHT tools to escape HMRC tax disclosure rules
Including popular inheritance tax planning vehicles in the UK’s tax avoidance disclosure regime would be a step too far, HM Revenue & Customs has agreed.