Loring v Woodland Trust  EWHC 4400 Ch highlights the care that must be taken when interpreting (and drafting) nil rate band legacies in wills and undertaking inheritance tax planning.
The current government are encouraging towards direct ownership by employees of shares in their employing company:-
The Introduction of Employee Shareholder Shares
Business Property Relief (BPR) is a valuable inheritance tax relief, offering up to 100% relief against inheritance tax on qualifying business assets.
The inheritance tax case of Buzzoni and Others v HMRC concerning gifts with reservation of benefit was recently heard in the Court of Appeal.
When a nursing home is acquired as a going concern by a limited company it is important for accounting and tax purposes that the consideration is allocated appropriately between i) the property, ii
The recent tribunal case of Mr Vaines v HMRC (TC02965) dealt with whether a deduction from trading profits was allowed under the ‘wholly and exclusively’ principles, for an out of court settlement
Overview & Background to the ATED
I am one of 2 directors and shareholders in a small group of companies operating children's day nurseries.