IN BRIEF

Another muddled tax policy decision.

The Autumn Budget IHT announcements has spurred many to consider making gifts during their lifetime, rather than on their death. This is causing a dilemma for some who want to retain some control and ensure any gifts are invested wisely. An increasingly popular answer to this is the family investment company.

The US has declared a tax war, and it’s targeting its allies.

A new single tax on securities is planned from 2027, replacing the current stamp duty and SDRT regimes.

Some welcome reforms.

Whilst the Government’s stated aim is to support economic growth by reducing businesses’ administrative burden, will some of the changes have the opposite effect?

A recent SDLT case considers the position of a tax loophole where the taxpayers lost.

It’s easy to be caught out by the second automatic UK test.

OIGs are not protected foreign income.

A quarter period for inheritance tax may last for only a day or so on or after 6 April 2025 when excluded property trusts may become relevant property trusts. So move fast.