LawSkills Articles

The IHT 205 has effectively been abolished for deaths on or after 1 January 2022 because the Office of Tax Simplification saw it as duplicating the effort of PRs. 

70% of firms are at risk by not conducting an Anti-Money Laundering Search on the Deceased when administering an estate.

Farm losses are a troubling subject for the farming industry. A recent judgement is of huge importance for farmers making continued losses from their actual farming operation.

New research has shown that 94% of the larger UK law firms have seen delays in clients settling their bills since Covid hit.

Here, Gill reviews Implied Trusts & Beneficial Ownership in Modern UK Tax Law – by Chris Thorpe, published by Spriamus.

A sound footing makes for a sound Will. Time spent on taking good instructions and making proper attendance notes is time well spent.

There are situations where PRs cannot appropriate the property to the beneficiaries and will therefore need to identify if a CGT liability arises and a return made during the 60 Day Window.

There are a number of issues that could lead to financial difficulties for a property owner, which is why finding suitable insurance can prove vital.

Here, Gill reviews UK General Data Protection Regulation by James Castro-Edwards, published by Law Society Publishing

When a testator dies leaving a discretionary trust over residue, how are the trustees to return this income for the relevant tax year?