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
Is there a tax-free benefit in transferring main residences to an existing trust?
The latest consultation on calculating charges could be the final nail in the coffin
What next for HMRC following their loss in the Glasgow Rangers case?
Treatment of a loan made by an unquoted trading company for inheritance tax
Transfer of assets abroad rules and a capital distribution from an overseas trust
Download the exclusive Xero
free report here.
