Inheritance Tax

Has a shareholder acquired control of a company through his role as a trustee?

Does a written agreement constitute a trust and therefore allow a main residence exemption claim?

How gift aid works, and the special schemes it offers

D M Morris; J Gregson (TC4098)

Tax consequences of the changes to how pension pots can be accessed

What are the tax implications of converting a director’s loan?

Inheritance tax implications of the diversification of activities

Woodland Trust v B M Loring and others, Court of Appeal

IHT business property relief on AIM shares can be lost easily

HG Kousouros v R O’Halloran & A Aresti, High Court (Chancery Division)

Executors of estate of Simon Verdegaal (TC3994)

The chancellor, George Osborne, has pledged to abolish the so-called death tax on pension funds, announcing measures that will allow retirement pots to sidestep the 55% due when the holder dies.

The change is scheduled to come into effect in April next year, when individuals with a drawdown arrangement or uncrystallised pension fund in a defined contribution (DC) scheme will be able to nominate a beneficiary to receive their pension.