Inheritance Tax

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A grandfather set up a trust for his grandchildren, who are to become entitled to the capital at the age of 18. A distribution has recently been made to the first child to reach this age. What are the tax consequences?

CRC v Bower and other (executors of Bower (deceased)), Chancery Division, 5 November 2008

A wife leaves assets in her will to her husband and adult children on a nil-rate band discretionary trust and the remainder of the estate to her husband

Changes to tax treatment of pensions

Richardson (SpC 730)

A house is effectively – but not legally – divided by co-owner brothers into two flats although these are not completely separate. One inherits the other’s share, which is now occupied by his mother

ROBERT ARGLES provides an overview of business property relief and how this can alleviate the burden of inheritance tax

View given on consequences of transfer of value involving change of owner

PENNY BATES has tax planning points for unmarried couples

What are the capital gains tax and inheritance tax implications of a Liechtenstein foundation and what liabilities might arise if this is wound up?

Study shows ignorance of transferable nil-rate band

Will shares in group companies be eligible for business property relief?

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