Tax planning

Mony a mickle maks a muckle

IHT ‘one of the most hated taxes in Britain’

Commentators says efficacy of policy 'debatable'

Abolishing the LTA was always going to be a complex legislative process

Made the recommendations ahead of Autumn Budget on 30 October

Government not afraid to make contentious changes

In total last tax year, we paid £1.1trn in tax

The tax is seen as a likely reform target in October’s Autumn Budget

IHT mitigation remains a driver for the creation of trusts

Think tank the Resolution Foundation made the recommendations