CIOT Spring conference

Chartered Institute of Taxation Spring Conference 2017

Date: 24 to 26 March 2017

Location: Cambridge

Reported by: Rachel Addiss and Lisa Whitbread of  PKF Francis Clark

Speakers:

Chris Whitehouse: barrister Five Stone Buildings

Rebecca Benneyworth: freelance lecturer and author

Emma Chamberlain: barrister  Pump Court Tax Chambers

Pete Miller: The Miller Partnership

Giles Mooney: Professional Training Partnership

Bill Dodwell: partner Deloitte

Robert Jamieson: consultant Mercer & Hole

Caroline Fleet: partner Gabelle

Keith Gordon: barrister Temple Tax Chambers

Extending inheritance tax charge

Chris Whitehouse reminded delegates that from 6 April 2017 all UK residential property owned directly or indirectly by non-UK domiciliaries would fall within the inheritance tax charge. These rules do not apply to commercial property or any other assets. The value does not matter nor whether the property is commercially let. The test is whether it...