Key Retirement Solutions sees little POAT threat

Instead, the objective of the Schedule followed by the Inland Revenue is likely to be closing down on tax avoidance through estate planning. ”We believe that the Inland Revenue will use its authority to exclude home reversion schemes from Schedule 15. The current speculation in the media is potentially causing a great deal of unnecessary worry and stress for many pensioners,” KRS says. ”We therefor call for all parties to express their concerns to the Inland Revenue in the interest of clarifying this situation as soon as possible.” Graeme Marshall, chairman of the Home Reversion Bo...