Inheritance Tax

Go to page of 46

Consultation as personal independence payment approaches

MIKE TRUMAN looks at complexities created for inheritance tax when 10% of an estate is left to charity

IFS director calls for 'politically difficult' tax reform

Cost of calculations often disproportionately large

Matter of residence must be carefully considered

Tolley’s Inheritance Tax, £112.95; CCH Inheritance Tax, £105.95; Bloomsbury Inheritance Tax £45; Bloomsbury Trusts and Estates, £45

The effect of the settled excluded property provision in this year’s Finance Bill, examined by SIMON McKIE

A daughter and her two minor children are the beneficiaries of a discretionary trust. The trustees, the daughter and her husband have purchased a property in which the family will live

The owner of a children’s day nursery employs her daughter as a manager, but wishes to bring her in as a partner. They will share the profits equally and the mother intends that she will transfer a 5% share of the business property to the daughter

Hanson (Trustee of the William Hanson 1957 Settlement) (TC1791)

Guidance and worked examples available

A married couple have purchased a property in which their elderly aunt will be allowed to live for the rest of her life. Advice is required as to whether HMRC’s statement of practice 10/79 means that an interest in possession has been created

Show

Results

Go to page of 46