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,...
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'