by johnireland | Articles
Most families dealing with a death assume that if there’s no Inheritance Tax to pay, there’s nothing much to file. For estates worth roughly £325,000 to £1 million, that assumption has been broadly true since the excepted estate rules changed in January...
by johnireland | Tax Talk
HMRC has started sending agents an educational letter about the “excepted estate” shortcut for probate — the route that lets many non-taxpaying estates skip a full Inheritance Tax account (IHT400). The letters target applications filed at or near £325,000,...