UK confusion about Wills

UK confusion about Wills

According to research by Royal London, more than 5 million people in the UK are confused by Wills and are not sure where to begin. Six in ten parents either do not have a Will or it is out of date. Whilst 34% of UK adults said an illness would prompt them to create a...
The OTS Inheritance Tax Report – update

The OTS Inheritance Tax Report – update

Following our recent article about the plans by the Office of Tax Simplification (OTS) to review Inheritance Tax and possible simplifications, their first report is now published – OTS Inheritance Tax Report. Following their research the OTS report focuses on...
Probate Procedure Amended

Probate Procedure Amended

Following a trial of online digital probate applications this past summer, the Government has announced that changes to the process for probate applications by individuals will come into force on 27th November, this is just one month after the initial announcement....
HMRC reviews trusts and inheritance tax levels

HMRC reviews trusts and inheritance tax levels

HMRC have announced they have launched what has been described as the biggest review of trusts in years, which is to investigate how fair and fiscally neutral they are. Raised in the Autumn 2017 budget, according to the HMRC paper the consultation will set to make the...