August Online CPD 2019
In January 2018 the Office of Tax Simplification was asked by the Chancellor of the Exchequer to conduct a wide review into inheritance tax (IHT), looking into it from both a technical and administrative standpoint. The report received a record amount of responses from a wide variety of people effected by IHT. Over 3000 responses made to an online survey, combined with a further 500 email responses and 100 written responses from experts responding to a call for evidence. Late last year we discussed the main recommendations made in the first report. This follow-up paper will now discuss the recommendations made in the second report.
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