Industry members suggest inheritance tax (IHT) rules on pensions are unlikely to be revealed until the Budget, leaving advisers with just two weeks to get all the details in place.
With less than five weeks to go until A-Day, many in the industry believe the IHT rules will be announced by the chancellor in his Budget on 22nd March, with chartered accountant and business adviser firm MacIntyre Hudson actually quoting odds on what will be included in the speech. It believes the chances of Gordon Brown introducing a consultation on comprehensive changes to the IHT regime are reasonable odds at 15 to 1, while the introduction of more IHT anti-avoidance legislation seems much more likely with odds of 3 to 1. Victor Dauppe, tax principal at MacIntyre Hudson, says the cha...
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