IHT
Tax & Regulation | 8 May 15
UK election result puts IHT and pension tax in spotlight
The surprise majority victory by the Conservative Party in the UK general election could mean changes to inheritance tax rules and tax relief on pensions are more likely, though initially for most financial advisers the outcome simply means business as usual.
Platform One to offer expat-friendly AIM IHT service
Platform One and Stellar Asset Management have partnered to offer the “first” AIM inheritance tax service available on a UK platform.
Tax & Regulation | 21 Apr 15
British IHT bills likely to average over 130K
UK families are facing average inheritance tax bills of up to £130K; according to research from Canada Life International; highlighting the need for more planning to reduce the liability.
United Kingdom | 13 Apr 15
Inheritance tax reform promised in UK election battle
Britain’s Conservative Party has vowed to reform inheritance taxes in a bid to counter the Labour Party’s promise to abolish the ‘non-domicile’ regime as the UK election campaign heats up.
HMRC likely to review QROPS
HM Revenue & Customs is likely to address doubts surrounding the IHT-exemption of fully-flexible QROPS with a wide review into how overseas pensions are taxed, say industry experts.