Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) to request a review of inheritance tax (IHT) with a view to simplifying the current regime.
In a letter, dated 19 January, Hammond (pictured) said: "I am writing to acknowledge the OTS's recent interest in the IHT regime. IHT, and the system within which it operates, is particularly complex,...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created