Business Property Relief (BPR) is available to reduce the liability to Inheritance Tax (IHT) on the transfer of relevant business assets.
Has anyone had experience of claiming the normal expenditure out of income exemption for cash gifts continuing after entry to a nursing home?
A judge has ordered Romie Tager QC to pay a penalty of more than £1.2m for failing to comply with requests for information about the inheritance tax on his father's estate.
The Autumn Statement for 2014 will be given by George Osborne on 3 December 2014.
HMRC is planning a crackdown on a new type of tax avoidance scheme involving in
Is a corrective account required if the value of the estate still falls below the £nil rate band? Full details, IHT400 submitted and agreed with HMRC.