A new study published this week suggests that a staggering 5.4 million UK adults are ‘completely perplexed’ by Wills and ‘would not know where to start’ if they wanted to write one.
Hundreds of thousands of Britons are yet to claim LPA fee refunds
A Freedom of Information (FoI) request has revealed that hundreds of thousands of Britons who were previously overcharged for Lasting Power of Attorney (LPA) registration fees have not yet claimed the refunds they are entitled to.
Thousands of families could be affected by HMRC’s latest Inheritance Tax crackdown
New plans to crack down on Inheritance Tax (IHT) unveiled by HM Revenue & Customs (HMRC) in recent days could affect thousands of UK families that have set up trusts in an effort to mitigate their IHT liability, it has emerged.
Findings of OTS Inheritance Tax review to be published ‘before the end of 2018’
An official review of Inheritance Tax (IHT) will be published before the end of the year, after Chancellor Philip Hammond bypassed the opportunity to address IHT in this week’s Budget, it has emerged.
Inheritance Tax receipts expected to hit new record high
A new analysis carried out by the Office for Budget Responsibility (OBR) this week has estimated that Inheritance Tax (IHT) receipts are likely to soar to a new record high for the 2018/19 tax year.