Royds Withy King
Best Practice | 28 Apr 22
How advisers can help business owners with succession planning
Clients may be overwhelmed dealing with the challenges
Wills can now be witnessed via video link
But changes to the UK law are only temporary and concerns have been raised about coercion
What could IHT reform look like for high net worths?
Changes to inheritance tax have been speculated about, especially if the Labour Party gets into power
UK taxman collected record £5.4bn from IHT last year
Financial advice firm finds HMRC receipts have risen rapidly since 2014-15
Non-UK residents hit with capital gains tax changes
Lawyer recommends seeking financial advice regarding offshore structures with any UK property