After a wait of four months for more detail on the changes, what does the consultation document now tell us? While there are some helpful clarifications, not all of the concerns are addressed, write Hayden Bailey and Emma Haley (Boodle Hatfield).
It’s been a winter of discontent for some farmers and business owners since the government announced their intention to restrict these inheritance tax reliefs at last year’s Autumn Budget. A consultation was promised on the application of the proposals to trusts and this was published by HMRC on 27 February 2025. After a wait of four months for more detail on the changes...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
After a wait of four months for more detail on the changes, what does the consultation document now tell us? While there are some helpful clarifications, not all of the concerns are addressed, write Hayden Bailey and Emma Haley (Boodle Hatfield).
It’s been a winter of discontent for some farmers and business owners since the government announced their intention to restrict these inheritance tax reliefs at last year’s Autumn Budget. A consultation was promised on the application of the proposals to trusts and this was published by HMRC on 27 February 2025. After a wait of four months for more detail on the changes...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
a6023bb4-2477-4328-a2fc-e9399cd3b908.jpg?sfvrsn=1504edb1_1)
.tmb-editorspic.jpg?sfvrsn=c9a7a0cc_1)
