IHT
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.
Tax & Regulation | 9 Jun 14
HMRC trust proposals target IHT avoidance
HM Revenue & Customs has proposed a limit to the amount an individual can transfer into a series of trusts tax free, in its latest attempt to crack down on the use of multiple trusts to avoid inheritance tax (IHT).