Feb 7, 2020 | Bullet Point Update
On 14th January the Inheritance Tax Act 1984 (Amendment)(Siblings) Bill was given its first reading in the House of Lords. What is it all about? Before turning to that some background: Inheritance Tax (“IHT”) Inheritance tax is a tax on transfers of wealth, mainly...
Jul 23, 2019 | Bullet Point Update
The Office of Tax Simplification There is (believe it or not) something called the Office of Tax Simplification (“the OTS”). It was set up as a temporary body in July 2010 and it was put it on a permanent, statutory footing by the Finance Act 2016. As its name...
