One month after the Office for Tax Simplification (OTS) suggested a mass overhaul of the Inheritance Tax (IHT) regime, HMRC have revealed a 3.4% increase in the number of investigations into estates in which IHT was due. In 2018/2019, 5,537 investigations were conducted equating to around 23% of the estates in which the tax was payable.
Life, business and the law
The law never stands still, and the way it applies to you and your organisation is constantly evolving. Our people are on top of these developments and can keep you up to date with some of the most interesting aspects of these changes. Check out our articles and updates for our perspective on issues that might affect you.