Neil MacGillivray: Simplifying IHT (Part 2) - Cutting through the complexities
OTS’s second report
Neil MacGillivray: "Where gifts made prior to the death of the donor are in excess of the NRB, who ultimately bears the tax can have unintended consequences."
In the second half of his analysis of the OTS's report on simplifying IHT, Neil MacGillivray says advisers must be aware of possible changes, how they could impact their clients and whether it is prudent to take action now
In my previous column, I wrote about some of the changes relating to lifetime gifting as recommended in the report Simplifying the design of IHT by the Office of Tax Simplification (OTS). There was a significant...
More on Tax planning
Hard-hit NHS staff: Advisers discuss new tax year challenges
Budget consequences
Les Cameron: ISA stats lead to planning thoughts
ISA tax relief cost £3.3bn in 2018/19
Not such a taxing day: Claire Trott's round-up of the Treasury's damp squib
Tax doesn't have to be taxing
Tax Day is a dud! Govt ignores reforms to pensions and CGT
No change to pension tax relief
Back to Top
More news
Adrian Boulding: The spectre of negative interest rates
Six months' prep time
Chancellor Sunak unveils plans to support fintech
More sandboxes
IA Targeted Absolute Return sector most viewed by advisers in Q1 2021 - Square Mile
Searches on Square Mile’s Academy of Funds
