Personal Law

Jul

2019

Carpe diem: a future of Inheritance Tax Simplification sharpens focus on today

I played to non-Latin strengths at school, but I do believe carpe diem means “seize the day!”. The Office of Tax Simplification (“OTS”) has issued its second report on inheritance tax. Is it the summer blockbuster trailed in what could be dubbed “OTS 1: the formfiller”? The second report moves far beyond the very administration-focussed initial… Read more »

Posted by Alan Eccles

On July 10, 2019

Jun

2019

Personal Law

Death and taxes (and assets abroad)

As Brodies partner Susanne Batchelor prepares to visit Cyprus next week for the STEP Europe conference, Senior Solicitor Stewart Gibson blogs on the importance of considering the international aspects of our clients’ personal affairs. Benjamin Franklin was the original author of the now famous line that “in this world nothing can be said to be… Read more »

Posted by Stewart Gibson

On June 20, 2019

Jun

2019

Personal Law

Charity and tax trouble for the Archers?

Listening to Radio 4, I am very concerned that Peggy Woolley has not had the best advice. (For those who foolishly believe that the Archers is not a documentary but a drama, the “actress” playing Peggy, June Spencer, continues to thrive past her 100th birthday.) One of the most important recent developments in the popular farming… Read more »

Posted by Alan Barr

On June 17, 2019

Jun

2019

Personal Law

The greatest gift of all… saving inheritance tax

HMRC have recently reported that more than a quarter of UK residents have made a gift of £1,000 or more in their lifetime so far. The research has indicated ‘a general lack of knowledge around inheritance tax (IHT) rules by those gifting.’ What can you gift and what are the tax implications of doing so?… Read more »

Posted by Chloe Fitzgerald

On June 13, 2019

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