BUDGET 2009
APRIL 25TH 2009 | 02:02 TAGS:
In a Budget which has been criticised on all sides the Chancellor Alistair Darling has for once not taken the opportunity to alter much which affects the Wills, Probate and Trust practitioner who does not deal with offshore matters. The three headline items are:
- the significant increase in income tax rates on trusts with no interest in possession
- the expansion of the geographic area to which Agricultural Property Relief applies and
- the bringing of IHT into line with the new compliance regime
To continue reading this item, you need to subscribe. Click here to find out about the benefits of a subscription to LawSkills
