Office of Tax Simplification urges creation of digitised IHT system
Unadvised can spend 50 hours on IHT admin
“This report shines a spotlight on the impact of forcing people through a fiendishly complicated process at a really horrible time in their lives," - Hargreaves Lansdown's Sarah Coles
The Office of Tax Simplification (OTS) has urged the government to create a digital IHT system, which it said would make the whole process simpler and smoother.
In January 2018, chancellor of the Exchequer Philip Hammond asked the OTS to carry out a review of inheritance tax (IHT) to make recommendations on simplification and to make the experience of those who...
More on Tax Planning
Joseph Adunse: Unpicking the Raymond Tooth Supreme Court ruling
A case of the wrong box...
Amy Cole: How tax simplification is disrupting financial advice
Tax adviser turned life coach
Pooja Dasgupta: Gary Lineker's IR35 court wrangle explained
Intermediaries legislation, commonly known as IR35
CGT changes: Breathing space welcomed for divorcees and homeowners
OTS’s report short of calling for complete reform
Back to Top
More news
Barrie Dawson: Advising trustees is a different ball game
Five key points
Quilter to make hundreds of redundancies in move to cut costs - reports
400 to be made redundant
True Potential eyes $2bn US flotation - reports
Wealth manager also considering sale
Claire Trott: Why flat-rate tax relief is not a pensions 'quick fix'
'On the surface, flat-rate tax relief is very appealing'
