IHT: The importance of motive and intent

5 Stone Buildings | Trusts and Estates Law & Tax Journal | April 2017 #185
David Rees QC, Eliza Eagling, Bryony Cove and Adam Carvalho discuss a key pensions case which resulted in a taxpayer victory ‘The FTT held that Mrs Staveley’s sole motive in making the transfer was to prevent her ex-husband benefiting on her death by severing all Morayford ties.’The case of HMRC v Parry [2017] related to …

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IHT And Pensions: Charge ahead?

5 Stone Buildings | Trusts and Estates Law & Tax Journal | November 2014 #161
Hugh Cumber finds Parry v HMRC provides welcome clarity of the circumstances in which IHT can arise in pension schemes ‘It is clear that a transfer between schemes with the express purpose of achieving a saving to IHT for the “death” beneficiaries could not be saved by s10, particularly considering the extensive discussion of mixed …

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