There is much concern that Inheritance Tax will be hiked in some way to pay for all the stuff that...
HMRC
“Jeremy Vine latest to face HMRC in IR35 battle”
Yes, you heard it here first, there was something good in Liz Truss’s mini-budget: she abolished,...
“Labour drops LTA reintroduction plans”
You heard it here first, the Lifetime Allowance won’t, it seems be reintroduced when/if Labour...
“Business Relief in IHT planning set to become ‘even more important'”
For most who might leave an Inheritance Tax bill to pay when they depart, there aren't that many...
“New call for £15,000 personal tax allowance threshold for people on State Pension”
Currently around 11m of us file a tax return by that awful deadline of 31st Jan. That might sound...
“TV presenter wins 10-year IR35 battle against HMRC”
The infamous ‘IR35’ dates from the Gordon Brown (kids etc.) era. It was intended to stop...
“Inheritance tax on course for record year of receipts (again) amid calls to scrap it”
Will he/won’t he abolish Inheritance Tax? The Pre-Budget rumour is still out there, perhaps...
“IHT to be ‘battleground policy’ in general election as receipts continue to grow”
Just when you thought Inheritance Tax was to become yesterday’s news, it’s back as, apparently and...
“Donating to charity via a will could see beneficiaries profit”
Including gifts to charity in your will is a nice thing to do, but it’s often only for those...
“HMRC scraps plans to tax pensions after death”
A couple of other Statement Highlights (in my world, anyway). A welcome ‘nothing happened’ on the...
“Raising IHT threshold could cost government £6bn”
Well, the lesson of this week in politics must be to expect the unexpected. Or, alternative...
“Talking to clients about cohabitation, intestacy and inheritance”
You’d be surprised at how many we meet who’ve never ‘got around’ to getting married, sometimes...
“Top Tories want to cut Stamp Duty or abolish Inheritance Tax after by-election thumpings, reports”
I have to say my first reaction to this was anger, that these ‘Top Tories’ would think that enough...
“Treasury collects £2.6bn in 13 weeks as IHT receipts rise”
Any government’s enthusiasm for controlling inflation must be tempered by its benefits to the...
The Lifetime Allowance Dilemma
So here’s a horny dilemma. The Lifetime Allowance was (mostly) abolished in the last Budget. I say...