Blog
2025 in review: Under construction - Tax investigations
Krishna Mahajan
The Telegraph recently reported that HMRC is “targeting bereaved families with a raid on inheritance tax after it clawed back a record £326m through investigations last year”. This will be a worry to many families, given that Inheritance Tax (IHT) is arguably no longer just a tax on the super wealthy.
Now that your affairs have been structured effectively, attention turns to estate planning. Laura Harper sits down with Joshua Moss and Ed Johnson to discuss estate planning for international Americans.
The coronavirus crisis has caused huge disruption across the world. The distress that it is causing is compounded in circumstances where intended parents of surrogacy children are in the middle of their surrogacy journey. In this blog, we address some of the most common issues people are experiencing and provide practical tips on how to navigate the current situation. These challenges include access to fertility treatment, pregnancy and birth, international travel restrictions, immigration status, parental orders and Wills among others.
The news is dominated at the moment with the dreaded C word – COVID-19. Our TV screens, phones and newspapers are filled with the death count, panic buying and now “lockdown”. For many, being isolated or maintaining social distancing means that you may well be thinking about your future.
The UK government has confirmed that the amount a surviving spouse or civil partner is entitled to receive in England and Wales where a person dies intestate (without a valid will) leaving children will be increased. The statutory legacy will be increased by £20,000 from £250,000 to £270,000. The changes will come into force on 6 February 2020.
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