Last year, we saw an announcement from the Office of Tax Simplification on the complexities of the UK inheritance tax (IHT) system following a request from the Chancellor of the Exchequer. However, its remit did not include a deeper review of how IHT is charged, a point most advisers deem most crucial. So what does the review mean in more practical terms?
Neil Jones, Wealth Management and Tax Specialist, Canada Life
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