U.K.’s Office of Tax Simplification Takes Aim at Inheritance Tax The Office of Tax Simplification (“OTS”) is reviewing the UK’s Inheritance Tax (“IHT”) regime, with specific focus on both process and administrative issues associated with IHT. It is also looking at more technical areas including disclosure, estate planning and the plurality of available reliefs. The…
The increase in value of land with development potential can save an estate.
It is therefore vital to ensure that the maximum portion of that increase in value is preserved for the benefit of the estate.
We have experience in working with Surveyors and Agents to ensure that this is achieved, and that the tax implications are thought through and minimised so far as is possible.