Andrew Goldstone and Stuart Crippin (Mishcon de Reya) give an update on recent developments, including: Spanish inheritance tax refunds, pensions changes, and the cases of Hirst and Drown and another (as executors of Leadley deceased).
Effect of IHTA 1984 s 8A election on legacies
Definition of ‘convertible securities’
Why the recent High Court decision is less dramatic than it might first seem. Peter Vaines, partner, Squire Patton Boggs reports
Chancellor George Osborne has set out changes to cut the 55% ‘death tax’ charge on pension savings. From April 2015, beneficiaries of those with a drawdown arrangement who die before age 75 will be entitled to receive the deceased member’s pension pot as a tax free lump sum.
Beneficial ownership of shares
NIC records
HMRC’s helpful guidance on withholding tax obligations following the transfer of loan receivables flags risks for intermediaries in the chain of payment, writes Eloise Walker, partner, Pinsent Masons.
IHT on gift to charity
Carolyn Steppler and Neil Morgan (EY) provide your guide to the operation of the new relief