Inheritance Tax

The Supreme Court’s decision in the conjoined  Pitt  and Futter cases shines a light on equitable remedies 

A guided tour of Spanish villas and inheritance tax planning

A non-domiciled UK resident was claiming the remittance basis and paying the annual charge, but died in December 2012. His widow has received a UK pension scheme lump sum

Planning opportunities for maximising business property relief

Taxman reponds to internet speculation

Mitigating potential inheritance tax liabilities by giving away a main residence is a relatively common tax strategy. However, what terms should be included in a leaseback from the donee such that there will not be a gift with reservation of benefit?

Advice is required on a variation of the “double trust home loan” scheme to pass property to the next generation, while retaining use of it. The strengths and weaknesses of the new scheme are discussed

Farming partnerships often start life as a sole trade with family members being introduced into the business over the years. Historically, the farmland itself is seldom shown on the business balance sheet and is held personally. Does this affect the entitlement of the owners to inheritance tax business property relief?

The life tenant of an interest in possession trust would like to use some of the capital to purchase a residential property in which she could live. One of the remaindermen is a minor, but the other beneficiaries are happy to allow this. The tax implications of a capital withdrawal or property purchase are reviewed

A husband and wife trade as a restaurant that operates from the ground floor of a property they own. The upper floor of the building is a flat, which is occupied by the wife

The inheritance tax proposals for transfers to a non-domiciled spouse or civil partner

A dormant company owns a one-quarter share in a property. The rest is owned by the company’s shareholder. The property has gained in value and the owner wishes to pass it to his children