Some of the UK's largest estates are paying half the effective inheritance tax (IHT) rate of estates a third their size, a freedom of information (FOI) request has revealed.
The FOI request, which Canada Life made of HM Revenue & Customs, suggested estates worth £10m or more paid an average of 10% IHT - and thus half the average rate of 20% paid by estates worth between £2m...
Manager cites liquidity risk for changes
Industry compensation scheme refuses to cover it
No-deal Brexit will cause 'a tremendous shock on the UK economy'
‘If our people are the best they can be, then so is our service’
Asset managers must make changes