Inheritance tax news
September 1st, 2009
Mark McLaughlin looks at a loophole that can result in large estates escaping Inheritance Tax. No one likes thinking about death. The prospect of Inheritance Tax (IHT) possibly being payable on your…
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August 1st, 2009
Inheritance tax at 40% on death is somewhat penal. Very few changes to the laws governing the levying of IHT are favourable to the taxpayer. However, one favourable change is the introduction of the…
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July 1st, 2008
Shortly before the Pre Budget Report in October 2007, the Tories announced that they would increase the “nil rate band” for inheritance tax to £1million if they came to power. The Chancellor…
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May 1st, 2008
In last month’s Tax Insider, I wrote about the new “clearance” service for businesses. This service offers the taxpayer the opportunity to describe a proposed deal to HMRC in advance, and to get…
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October 1st, 2007
Inheritance tax is once again in the political spotlight with the recent announcement by shadow chancellor George Osborne that the Conservatives, if elected, would raise the inheritance tax threshold…
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