Laura Suter: The taxing task of IHT simplification
Two big unknowns
Laura Suter: "The other big unknown is how the OTS's measures would influence, if at all, the likelihood of someone deciding actually to gift money."
The OTS had a difficult job on its hands balancing the need to simplify complex IHT rules while keeping them fair for consumers and affordable for the government, writes Laura Suter
The long-awaited report on how to simplify the inheritance tax (IHT) system came out this month, and it is not an overstatement to suggest the financial services sector was actually excited to see how...
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