Inheritance Tax

Go to page of 45

Can a furnished holiday letting qualify for IHT business property relief? PRIYA DUTTA and IAN MASTON report on a positive tribunal decision

MARK MCLAUGHLIN highlights the importance of the inheritance tax exemption for normal expenditure out of income

JENNY NELDER outlines the basics of share valuation for taxation purposes

N V Pawson (deceased) (TC1748)

A woman's husband died in 1973, before she became resident in the UK. She occupies a UK property with a son and daughter, while a second son lives elsewhere

Watkins and another (executors of Watkins deceased) (TC1582)

A client was left a life interest in the property occupied by her and her partner until his death. As the house was located some distance from the rest of her family the property was sold and a replacement purchased

Wright and another v Gater and another, Chancery Division

CRC v C Atkinson and P Smith (executors of W M Atkinson deceased), Upper Tribunal (Tax and Chancery Chamber)

Concern about IHT implications

On his death in April 2010, a client’s half share of the matrimonial home passed to a discretionary trust. His widow intends to remarry and advice is given regarding the tax advantages and disadvantages of the trust continuing in existence

RUTH CORNETT outlines HMRC’s updated views on the capital tax treatment of heritage chattels

Show

Results

Go to page of 45