IHT
Tax & Regulation | 3 Dec 14
Government announces IHT U-turn
The UK government has today announced a “U-turn” on plans to introduce a single settlement nil rate band on trusts.
Govt continues tax crackdown
George Osborne has used this year’s Autumn Statement to announce a further hardening of the UK Government’s stance against offshore tax evasion, with a particular focus on tax avoidance promoters, and, for the first time, inheritance tax (IHT).
United Kingdom | 31 Oct 14
Non doms urged to protect assets in case
Old Mutual Wealth is urging advisers with non-domiciled clients in the UK to take steps to protect their assets from IHT, in case changes to the domicile rules come into effect.
United Kingdom | 15 Oct 14
Experts cameron aim to shoehorn IHT nil rate hike
UK prime minister David Cameron has raised the prospect of increasing the nil rate band for inheritance tax in the government’s final Budget before the next general election, which has been welcomed by international life industry tax experts.
Tax & Regulation | 12 Aug 14
HMRC denies plans to charge IHT before death
HM Revenue & Customs has denied claims it plans to collect IHT from an estate before the individual has died.