Inheritance Tax

A sizeable home was originally situated in grounds slightly exceeding a hectare, but the owner gave the furthest distant part of the grounds to his children many years ago. The original owner still has access to, and some use of, that land and there is a risk that this may be a gift with reservation for inheritance tax purposes

John Matthews (executive and trustee of the estate of M Matthews deceased) (TC2329)

Is it time to drop the idea of holding UK property through offshore companies? PETER RAYNEY looks at the new rules

HMRC do not seem interested in a potential five-figure inheritance tax liability. PETER VAINES wonders why

The tax treatment of wine is examined by TOBY CROOKS

A client has various pension funds – some personal pensions and some retirement annuity policies – with different life companies. The death benefits are written in trust for his wife

Our client’s wife died and left him 40% of the shares in a small limited company that operates a consultancy business. The other 60% were divided equally between their three adult daughters. Their father is a director of the company and works for it

The value of a taxpayer’s only or main residence can form a substantial proportion of his estate and this will be liable to inheritance tax on his death

The grandparents of a family have created an extensive property portfolio, but potentially there will be a large inheritance tax liability on their deaths and some properties have substantially increased in value

Is it becoming more difficult to claim agricultural property relief?

A married couple with 'mirror wills' are facing an inheritance tax liability on £250,000 of their estate on the final death. Would there be an advantage in giving away half of their main residence on the first death?

An elderly couple have a holiday home that they are using less and less and propose to give a 25% share to their children, with possible future transfers