The practical commentary addresses the main planning points, potential pitfalls and possible solutions for IHT and estate planning purposes.
Since the previous edition this latest title picks up on the important changes to HMRC practice, new case law and legislation, including in relation to deemed domicile and excluded property as introduced in Finance (No 2) Act 2017.New updates include:
New and amended commentary and examples on the domicile changes introduced following Royal Assent to Finance (No 2) Act 2017 Updated commentary on the excluded property restrictions in respect of overseas property with value attributable to UK residential property, as introduced in Finance (No 2) Act 2017 Commentary on the expanded reporting requirements for IHT purposes under the disclosure of tax avoidance schemes (DOTAS) provisions New and updated commentary on compliance, including the 'requirement to correct' certain offshore tax non-compliance New cases, including Henderson & Others v HMRC (domicile); The Personal
