Monthly Archive: September 2015

LACK OF CLARITY ON ADDITIONAL INHERITANCE TAX ALLOWANCE

The Budget announcement about the extension to the nil rate band for inheritance tax is included in clause 9 of the Finance Bill. Briefly, the additional band of £100,000 is first introduced in 2017/18 and then increases in tranches of…
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LATEST ON NEW INHERITANCE TAX DISCLOSURE REGIME

Currently the Disclosure of Tax Avoidance Schemes regime, or DOTAS as it is more commonly known, requires individuals and their advisers to notify HM Revenue & Customs of any tax avoidance schemes within a set time scale. It has been…
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