IHT
Tax & Regulation | 31 Jul 14
IHT receipts leap as experts warn
Inheritance tax paid to the UK Government jumped by nearly 10% in the last year, as the amount levied from estates reached £3.4bn.
Tax & Regulation | 21 Jul 14
UK to waste 500m on inefficient IHT planning
More than half a billion pounds is set to be wasted this year in inheritance tax as individuals fail to place their life protection policies “under trust”.
People Moves | 30 Jun 14
ioma restructures intermediary sales team
IOMA has expanded its sales function to enable access to a wider range of products across life, pensions and investments.
Skandia praises HMRC for preventing IHT
Skandia has said that while HM Revenue & Customs prevented a mass headache by leaving existing trusts out of its proposed reforms to the calculation of inheritance tax, it will create thousands of new demands for financial advice.
Retirement | 11 Jun 14
HMRC accused of assault on trusts
A leading tax specialist has described recent proposals by HM Revenue & Customs to crack down on inheritance tax avoidance as the latest in a series of assaults which may lead to the ultimate demise of trusts.