Continue reading "IHT: Simplification is not a simple process"
IHT: Simplification is not a simple process
Tim Harrison analyses recent research into the workings of IHT and examines the future agenda for reform ‘Testators and beneficiaries had quite a limited understanding of inheritance tax. Most were aware of the basic principles of the tax but few knew the details of either the threshold or the spouse exemption.’ On 4 July 2015 …