As many as 150,000 married people that die each year are ISA holders, the Tax Incentivised Savings Association (TISA) have said.
Thousands of grieving spouses are unnecessarily paying tax on inherited ISAs
5.4 million Britons ‘do not know where to start’ when it comes to writing a Will
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.
Plans to hike probate fees ‘resurrected’ by Justice Minister
Previously-shelved plans to increase probate fees have been ‘resurrected’ by the Government this week, but will have a slightly lesser impact on wealthy estates than was previously expected, 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.