Inheritance Tax - Robinsons London

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May 8, 2024 Comments Off

How Inheritance Tax works   Inheritance Tax is one of the most hated taxes in the UK. We explain how it works, whats applicable and how to avoid or reduce paying it. It

October 8, 2019 0 Comments

  Inheritance tax: HMRC collects record amounts of IHT The government has announced that HMRC collected a record sum of £5.4 billion in inheritance tax (IHT) during the 2018/19 tax year. The increase

April 7, 2019 0 Comments

  Delay to rise in probate fees The government has delayed its planned increase in probate fees indefinitely. The delay has been attributed to 'pressure on Parliamentary time' caused by Brexit debates and votes.

December 17, 2018 0 Comments

  Inheritance Tax Review by Office of Tax Simplification The Office of Tax Simplification (OTS) has published the first of two reports on inheritance tax. The first report sets out an explanation of

September 6, 2018 0 Comments

  HMRC warning: time to declare offshore assets HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes

June 7, 2018 0 Comments

  Simplification of Inheritance Tax The Office of Tax Simplification (OTS) have been tasked with carrying out a review of Inheritance Tax (IHT) with a view to simplifying how the tax operates. IHT

March 1, 2018 0 Comments

  We have featured the tax efficiency of pension fund investment in a number of recent newsletters. As well as the increased flexibility in terms of drawdown arrangements that were introduced in April

January 4, 2018 0 Comments

  Whilst on the subject of inheritance tax planning why not consider setting up a standing order to family members? Such regular gifts can be outside of the scope of inheritance tax provided

January 4, 2018 0 Comments

  New inheritance tax rules for passing on the family home started on 6 April 2017. This new relief should be taken into consideration when drafting your Will and we can work with

January 4, 2018 0 Comments

  At this time of year we think about New Year’s resolutions. It is also a good time to start planning your tax affairs before the end of the tax year on 5th

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