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Inheritance Tax

The inheritance tax implications of a distribution from a trust.

Inheritance tax and capital gains tax on property used by a family company.

The new residence nil rate band.

Draft regulations could further restrict tax planning options.

New rules will allow individuals to choose the law governing succession of their EU assets on death if they update their will.

Changes to the inheritance tax regime for trusts introduced by Finance Bill 2015-16.

Vaughan-Jones and another v Vaughan-Jones and others, Chancery Division

The effect of borrowings on estate planning

The death on active service exemption
 

Dividend waivers in a holding company and subsidiary and tax liabilities

A trust distributes the proceeds of a single-premium life policy

A record amount of inheritance tax (IHT) was paid into the public purse during April, new figures show.

HMRC received £379m in the same month in which the Conservative party said it would raise the IHT threshold to £1m for some taxpayers – a pledge that looks set to be fulfilled in this week’s Budget.

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