In this session, King Court Trust’s Legal Services Director, Charlotte Toogood, and Technical Manager, Nigel Merchant, will discuss the Inheritance Tax (IHT) reporting changes for excepted estates that came into force on 1st January 2022.
The amendments are expected to reduce the number of submissions that require a completed IHT form. However, as the gross and net estate values still have to be reported, the date of death values for assets and liabilities need to be established. The increased thresholds of the value passing to a spouse, chargeable transfers and Trusts limits will help avoid complex reporting, and covers Grants in England and Wales and Confirmation in Scotland.
If you would like to attend the webinar but you can’t join on the day, please still register – registrants will receive a link to the recording after the webinar has taken place.