John Humphreys: Planning for IHT changes - great or small

You may recall that recently-replaced chancellor Phillip Hammond requested the Office of Tax Simplification (OTS) review IHT in January 2018. Earlier this month, it published its final report into the tax, noting that there are many areas where IHT "is either poorly understood, counter-intuitive, requires substantial record-keeping, creates distortions, or where the application of the law is simply unclear". Perhaps not surprisingly, it also reported an unprecedented level of engagement into its review, including a submission from myself, which resulted in a meeting with the OTS at White...