Relocation package
Elizabeth Neale examines how fair the proposed ‘fairer way’ of calculating trusts’ IHT charges is
Was a loan stock instrument a relevant discount security?
HM Treasury is consulting on significant changes to the pension regime, which should add much more flexibility, says Paul Howard.
Andrew Goldstone and Victoria Howarth review recent developments, including changes to intestacy rules, relevant HMRC consultations, the Cooke case and recently signed tax information exchange agreements
According to the Telegraph (14 June), the number of families hit with inheritance tax bills will rise by one third this year, according to figures that show the full extent of Britain’s death tax time bomb.
HMRC has previously published two consultation documents setting out proposals on how the IHT treatment of relevant property trust charges could be simplified.
Assessing rental income
With the surprising decision handed down recently in Corbett, James Austen examines the facts and asks what planning opportunities, if any, the First-tier Tribunal decision could afford to other taxpayers who might qualify for entrepreneurs’ relief.
Finance Bill 2014 included proposed legislation for social investment tax relief, a relief available to investors in social enterprises from 6 April 2014. Tim Smith and Richard Wilson take a look.