IFAs not sold on Office of Tax Simplification’s IHT proposals
Only 19% believe they will have a positive impact if introduced
IHT
-
-
UK Labour Party vows radical pension and tax overhaul
As it promises significant changes to retirement age, IHT, CGT and income regimes
-
IFAs say inheritance tax complexities hinder client interaction
As Sipp provider admits death benefits are top technical challenge for advisers
-
Tax wish list for the wealth industry
Changes to IHT, stamp duty, property, trusts and pensions in private client space wanted
-
Brits want IHT nil rate band doubled
Politically ‘it would certainly be seen as a positive step by the majority of people’
-
Call to scrap pension tax-free cash will ‘damage confidence’
Backlash to think tank proposal axing 25% allowance to pay for abolition of inheritance tax
-
Is an inheritance tax cut on the cards?
UK chancellor says ‘it’s something that’s on my mind’
-
Three reasons why inheritance tax is becoming a ‘perfect storm’
Inheritance tax (IHT) divides opinion, because it creates the potential for a person’s wealth to be taxed twice; firstly as it accumulates through income and/or capital gains taxes, then again on death.
-
UK inheritance tax take more than doubles in 9 years
As rising numbers of people get caught in the IHT net
-
Majority of Brits baffled by IHT allowances
They believe they will inherit over £200,000 more than they will actually get
-
Gone, but not forgotten (by HMRC)
Eight key questions for HNWIs and their advisers to ensure their tax affairs are in order
-
What could IHT reform look like for high net worths?
Changes to inheritance tax have been speculated about, especially if the Labour Party gets into power