Inheritance Tax

P Routier and CA Venables (Coulter’s Executors) v CRC, Chancery Division

J Groves (TC3974)

Will a delay in a declaration of trust mean a loss of main residence relief?

Management of farmland can be crucial to agricultural property relief claims

Highlights from the event held at the University of Warwick

Inheritance tax implications of a gift of money and the receipt of rent-free housing

How should the tax liability be calculated on a pension paid after death?

The taxman has moved to ease red tape associated with the heritage property exemption for archives and undertakings under IHTA 1984, s 31(1)(a) and s 31(1)(aa).

An undertaking is expected to contain acceptable proposals for open public access – but the arrangements may need to be updated frequently unless the objects or collections are on long-term loan to a museum or gallery, or are in a property that is regularly open to the public.

HMRC v Richard Evans (TC3759)

Inheritance tax implications of profits retained in a personal service company

Dr RM Hughes (TC3866)

The continued importance of flexible will trusts for inheritance tax purposes