British Tax Guide: Inheritance Tax 2012-13

Providing comprehensive guidance on this important tax, this essential companion on Inheritance Tax will ensure that any pitfalls or problems in this area can be clearly identified. This 2012-13 edition is fully updated to include to all changes announced in the 2012 Budget and subsequent Finance Act 2012.

All content is cross referenced to legislation, case law and HMRC guidance.

Included in the 2012-13 edition:

• Reduced rate of IHT where part of estate is left to charity
• Issues affecting non-charitable bequests
• Previously unannounced changes to implement anti-avoidance rules for offshore trusts
• Proposed changes to the 10 year charge and exit charge on relevant property trusts
• Proposed changes to the IHT treatment of couples where one if non-UK domiciled for IHT purposes
• New chapter on lifetime transfers
• New chapter on complex problems likely to be encountered
• Rules relating to relevant property trusts
• Rules on calculation of the tax on the death estate particularly where there are exempt recipients

British Tax Guides from CCH 
The British Tax Guides are expert, individually focused commentary on the all the main UK taxes. Each of the guides is focused on one particular area, with legislation to that tax cross referenced to enable you to put the legislation into context, as well as efficiently calculate tax liabilities.

Each of the 2012-13 editions will include all changes from the 2012 Budget and subsequent Finance Act.