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The Finance (No 2) Bill 2017 is currently passing through Parliament and is expected to receive Royal Assent in December.

Business Property Relief is a particularly valuable relief in the context of inheritance tax.

For some, working overseas is an important part of their career and they accrue a significant portion of their retirement savings overseas.

The estate administration period starts on the day after the individual dies and generally ends once the residue of the Estate has been determined.

After HMRC’s onslaught in the first decade of this century on taxpayers who claimed to have been non-UK resident, I always considered it inevitable that domicile challenges would soon follow.

Some context

In an article published in the October 2016 issue of Tax Adviser I discussed forthcoming changes to the rules governing the treatment of individuals not domiciled in

Desiderius Erasmus of Rotterdam, sometime Professor of Divinity in residence at Queens’ College Cambridge, wrote at the end of the fifteenth century to a friend that ‘You must acquire the best know

For many the family home will be a valuable, if not the most valuable, asset that they own.

Residential property has been highly politicised for some time, and successive governments have grappled with the ‘housing problem’.

A trust is a separate legal entity, as for example companies are, however the similarity stops there with a new range of vocabulary, tax regimes and implications on beneficiaries to be considered.