Royal London backs IHT exemption call for life policies

Royal London has backed a call by the Office of Tax Simplification which could lead to life insurance policies being automatically exempted from Inheritance Tax to save families money.

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Too much IHT red tape says influential report

The Office of Tax Simplification has criticised the number of forms required to deal with Inheritance Tax, calling the process “complex and old fashioned.”

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Financial Planner backs Govt consultation on trusts

Financial Planning firm Quilter has cautiously welcomed a Government consultation on the way trusts are taxed.

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Govt urged to find IHT solution to care funding crisis

WAY Investment Services has urged the Office of Tax Simplification to “focus on simplification” in its IHT review, by scrapping the Residence Nil Rate Band (RNRB) and aligning the rules for AIM with the rules for gifts.

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