Articles by ‘Christine Wonnacott’

Whilst it is widely accepted that the current Inheritance Tax rules are overly complex and need to be simplified, do the proposals being considered by Labour go too far?

HM Revenue & Customs (HMRC) are due to release their new online Trusts Registration Service imminently. The entire process of registering and updating trust details will go digital this year, replacing the paper 41G (trust) forms, in an effort to crack down on money laundering and tax avoidance as well as to reduce delays and errors through lost paper forms etc.