INHERITANCE TAX – Nil rate band freeze sends IHT proceeds close to record levels

INHERITANCE TAX – Nil rate band freeze sends IHT proceeds close to record levels

HM Revenue & Customs receipts from inheritance tax are nearly back to the record levels achieved just before the transferable nil rate band was introduced. Proceeds for the tax year 2013-14 were GBP3.42 billion, the highest since 2007-08 when HMRC collected GBP3.83 billion

Posted by dndlaw Newry

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The firm aims to give its clients the benefit of long experience, which is considerable bearing in mind the fact that all of the partners have been in practice in Northern Ireland for over twenty or more years.