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Inheritance Tax

HMRC has reiterated its stance on lifetime transfers, leading to erroneous reports of a new clampdown
HMRC are altering the process for making the initial payment of IHT where it is by cheque

Mistaken variation

MATTHEW HUTTON considers what scope there may be for creating 'new' trusts (including will trusts) since 22 March 2006
MATTHEW HUTTON considers FA 2006, Sch 20. What should be done with trust structures in place on 22 March 2006?
HMRC changing scope of existing excepted transfer and excepted settlements regulations
RICHARD CURTIS reviews the tenth and eleventh sittings of the Public Finance Committee.
RICHARD CURTIS reviews the opening sessions of the Public Bill Committee's review of the Finance Bill 2007.
JOHN NUGENT considers tax residence in the Isle of Man for UK individuals and their business interests.
JON GOLDING contends that inheritance tax should be flushed away.
RICHARD CURTIS 'sits in' on another visit to the Taxables by their chartered tax adviser.
… but for the memories (and the tax advice!). STEPHANIE CHURCHILL looks at some of the issues surrounding the family home and a divorce.
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