Advisers breathed a collective sigh of relief following the Supreme Court's decision in the Staveley case, around IHT on transfers made by clients in ill-health. Here Neil MacGillivray reflects on the ground-breaking judgement, which echoed a case he'd tried to help an adviser with several years ago …
It wasn't quite as contentious as "Staveley", but was still based on HM Revenue & Custom's (HMRC) opinion that there can be inheritance tax (IHT) consequences where a person in ill-health transfers from...
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