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How to Save Inheritance Tax: Understand How Inheritance Tax Works - and Pass on More of Your Hard-earned Wealth to Those You Love

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  1. 2. McCutcheon on Inheritance Tax
  2. 3. The Inheritance Tax Law
  3. 4. Inheritance Tax in Scotland 2009-10
  4. 5. Tolley's Inheritance Tax Planning 2008-09 (Tolley's Tax Planning)

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Inheritance tax



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+Vote!

The Tory's bombshell (updated)

Jonathan Friedland recentlywrote that it's possible the Tories won't win the next general election. That happens to be a view I share, but one thought lingers at the back of my mind: much has been made of the Tory commitment to inheritance tax and what it represents concerning who the Tories really look out for. But what if, 6 weeks before the election, they suddenly abandon the pledge George Osborne...

5Vote!

National insurance tipped to rise in Darling tax clawback

CHANCELLOR Alistair Darling is set to target national insurance and inheritance tax in next month's Pre-Budget Report as he looks to plug gaping holes in the public purs

3Vote!

Who Should Pay Inheritance Tax?

WISCONSINREPORT.COM (11/18/2009) - The Wisconsin Supreme Court has voted to accept seven new cases. Among the cases is a case involving who should pay the taxes on a multi-million dollar inheritance after a young girl was named to receive the large sum when her godfather died. The estate said the inheritor should pay, but the young girl and her parents said the estate should pay. The estate paid, then...

5Vote!

Can you name the few...?

The madness of David Cameron's top priority to give £200,000 to the richest 3,000 people in the country by cutting inheritance tax was highlighted this afternoon by Gordon Brown when he said so few people would benefit that some Tory MPs would personally know almost every one of them by name. Mr Brown ridiculed the Tory plan which would widen the gap between rich and poor. He said an estate of...

10Vote!

Cameron's biggest U-turn

How much do the "progressive" Conservatives care about poverty? Reading Tim Bale's book about which I enthused on Sunday , and which can be pre-ordered here , reminded me of one of David Cameron's early U-turns. (His most recent was to insist on all-women shortlists and then to back off .) Do you remember when in February 2006 Cameron announced a statement of the party's aims and values,...

3Vote!

There really is a Tory candidate who takes his nanny to constituency events with him…!

There are two men that epitomise the ‘new’ Conservative party, they are George Osborne and Jacob Rees-Mogg. Now, on the surface, George might seem to be quite a reasonable young chap, well-to-do maybe, but basically a good Cheshire MP. It may come as a surprise that he recently said that; his inheritance tax cut on properties worth [...]

7Vote!

Book Review - Furnished Holiday Lets, by Carl Bayley

If you rent out furnished holiday accommodation, you should buy this book. At present there are tax advantages in renting out furnished accommodation, but on 10 April, this will all change. Carl Bayley has written this book to explain the changes that will take place, and give guidance on what should be done in the run up to 10 April 2010. Landlords will (or should) already be aware of Carl Bayley...

3Vote!

German Social Democrats inch left with inheritance tax plan

Dresden,Germany - Germany's opposition Social Democratic Party (SPD) inched slightly leftwards with a proposal to reintroduce an inheritance tax as the party on Sunday wound up a three-day conference to take stock of its recent electoral defeat. The ...

3Vote!

EuroMillions - Why

When it was announced only last week that a syndicate in Liverpool and a lucky couple in South Wales had shared the top EuroMillions prize of £90 million (£45 million each) - they must have been over the moon. How lovely it would have been to go to work on the Monday, stick your fingers up to the bosses and tell them to stick their jobs - or maybe, just maybe, if you get 6 months full pay...

3Vote!

Bill Draper Talks Philanthropy

Silicon Valley venture capitalist icon Bill Draper has recently started a new chapter in his life: as a philanthropist in the footsteps of super-wealthy captains of industry, most notably Bill Gates and Warren Buffett. Last weekend, Draper, general partner of Draper Richards LLP and chairman of The Draper Richards Foundation, was honored by the America India Foundation (AIF) for his corporate and...

10Vote!

Ben Brogan is a twit.

Alright, he isn’t but I have to get readers somehow. Today, Ben (amongst others) rolls out the “Isn’t it terrible people in deprived areas vote Labour” line. Well Ben, I don’t think there are many people who’ll benefit from inheritance tax cuts in Glasgow North East, but there are plenty who’d suffer if there was less nursery [...]

3Vote!

Bordeaux QPR Alert...Chateau Belair (St. Emilion)

I just saw a great deal on 2005 Chateau Belair. The property is famous for being located right next door to Ausone, and having some of the most extensive underground caves in St. Emilion. It was formerly owned by the quirky Pascal Delbeck. In 2008, Delbeck sold the property to Moueix (the same owner of Latour a Pomerol about which I wrote earlier today). For the full history of Chateau Belair, I quote...

7Vote!

Medieval Documents used to pay taxes on Penrhyn Castle

The British Government and the executors of the Penrhyn Castle estate have agreed to exchange the estate's archives in lieu of payment of inheritance taxes. This will allow the public to access a large number of medieval documents dating back to 1288. The BBC reports that when the current owners took possession of the historical contents of the castle, they were given an inheritance tax bill for almost...

3Vote!

Will Donatella Leave Versace?

Dana Thomas details in Newsweek how Versace became a bit of a mess after the death of Gianni. It used to rake in over $1 billion in sales, but now makes less than half of that. Run by the family since its inception, Donatella and Santo were reportedly resistant to changes that might have helped them adapt to new times and new economies. Thomas reiterates previous reports about ex-CEO Giancarlo Di...

5Vote!

Ancient papers saved in tax deal

Estate ledgers, royal edicts and personal correspondence are to stay at Bangor University after a deal with Her Majesty's Revenue and Customs (HMRC). The deal agreed with executors of the Penrhyn Castle estate will see the archives accepted for the British people in lieu of inheritance tax. They reveal the history and politics of the families of the castle in Gwynedd. Read the rest of this article...