Comment: Taxing times for IHT

Naturally, high net-worth individuals (HNWIs) have baulked at the idea they might be adversely affected by the reforms.


40% UK Inheritance Tax: What Omani Investor must know

As the shares of the company were not located in the UK they were considered to be excluded property and not within the scope (unless the individual was deemed domiciled in the UK through years of UK residence).


HMRC admits tax collecting error

In a letter to Nicky Morgan MP, chairman of the Treasury select committee, he admitted: "HMRC may have missed opening enquiries into some cases where full and complete information about the scheme was provided to us."