Tax consequences of the changes to how pension pots can be accessed
What are the tax implications of converting a director’s loan?
Inheritance tax implications of the diversification of activities
Woodland Trust v B M Loring and others, Court of Appeal
IHT business property relief on AIM shares can be lost easily
HG Kousouros v R O’Halloran & A Aresti, High Court (Chancery Division)
Executors of estate of Simon Verdegaal (TC3994)
The chancellor, George Osborne, has pledged to abolish the so-called death tax on pension funds, announcing measures that will allow retirement pots to sidestep the 55% due when the holder dies.
The change is scheduled to come into effect in April next year, when individuals with a drawdown arrangement or uncrystallised pension fund in a defined contribution (DC) scheme will be able to nominate a beneficiary to receive their pension.
P Routier and CA Venables (Coulter’s Executors) v CRC, Chancery Division
J Groves (TC3974)
Will a delay in a declaration of trust mean a loss of main residence relief?
Management of farmland can be crucial to agricultural property relief claims