Review of Inheritance Tax

In January 2018 the Chancellor of the Exchequer asked the Office of Tax Simplification (OTS) to look at inheritance tax and how this could be made simpler. More

Probate Application Fees to rise

Currently when personal representatives apply for a Grant of Probate in order to administer an estate there is a fixed fee, regardless of the size of the Estate. More

Record IHT receipts for the 8th year running

According to recently issued Government statistics, Inheritance Tax (IHT) receipts hit a record high of £5.2bn in the 2017/18 tax year. This is a year-on-year increase of 8% (£400m) on the £4. More

Inheritance Tax Simplification

The legislation relating to Inheritance Tax (IHT) and particularly its interaction with Trusts is particularly complex. More

Tax Planning & the Family Home

Tax Planning & the Family Home – Take care to avoid disastrous tax results! (Register here for our IHT & Probate planning seminar on 1st March) As the fear of Inheritance Tax (IHT) increasingly grips. More

Why accountants are better placed to deal with probate

Over the last few months or so whilst we have been finalising our application to the ICAEW for a probate licence we have discussed how we can offer this new service to our existing clients. More