On this week’s episode of The Pro Adviser Podcast, in association with Architas, Hannah Godfrey talks to St James's Place tax specialist Eddie Grant about the challenges surrounding inheritance tax (IHT) planning during the coronavirus pandemic.
Some elements of IHT planning require signatures and witnesses. While the issue of signatures during the Covid-19 pandemic has largely been solved using electronic signatures, witnessing the signing of a will, for example, is still problematic. Here, Grant talks all things inheritance tax, including making reference to one cunning law firm that has been known to meet in car parks to witness will signatures. Grant also suggests how the government might try to claw back money spent on the coronavirus through various taxation, including changes to IHT. You can listen to the pod...
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