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Could Inheritance Tax be Scrapped?

Could Inheritance Tax be Scrapped?

At a Conservative conference fringe event organised by the Institute of Economic Affairs and the Taxpayers’ Alliance, Chancellor Sajid Javid hinted that he could cut Inheritance Tax. After being asked whether he would scrap the tax, Sajid Javid shared how he...
Cohabiting couple families continue to grow

Cohabiting couple families continue to grow

The latest family and household figures released by the Office for National Statistics (ONS) reveal that the number of cohabiting couple families continues to grow. Between 2008 to 2018, there has been a 25.8% increase in families of this type. Cohabiting couple...
The effect of divorce or dissolution on your Will

The effect of divorce or dissolution on your Will

Many of you will already be aware that marriage revokes a Will unless it is clear that you were making it in contemplation of marriage, but did you know that divorce or the dissolution of a civil partnership also has an effect on your Will? Section 18A of the Wills...
Inheritance Tax investigations: Executors liable for mistakes

Inheritance Tax investigations: Executors liable for mistakes

HM Revenue and Customs (HMRC) opened a staggering 5,537 Inheritance Tax investigations in the 2018-2019 tax year, which is a 3.4% increase in comparison to the previous 2017-2018 tax year. To put this number into perspective, this equates to nearly a quarter (23%) of...