Since the introduction of Inheritance Tax, we’ve all known that estates valued above certain thresholds would be subject to a 40% tax charge. Well, this could be about to change…….
Peter Ball, Tax Partner, recently spoke with IFA Magazine about the practical impact of upcoming inheritance tax changes on privately owned businesses.
It’s a common misconception that people who live together will benefit from the same tax treatment as those who are married or in a Civil Partnership, so-called common law partners.