Amendments to the inheritance tax position of settlements after the settlor becomes deemed domiciledNicholas Harries, Charlotte Kynaston, Robin Vos 16 Nov 2018
The government has announced that it intends to legislate to counter the effect of the recent case of Barclays Wealth Trustees (Jersey) Limited & Michael Dreelan v HMRC.
Philanthropy: How do you start?Charles Gothard, Charlotte Kynaston 18 Oct 2018
Philanthropy is on the rise.
Barclays Wealth Trustees (Jersey) Limited & Michael Dreelan v HMRCNicholas Harries, Robin Vos, Charlotte Kynaston 03 Nov 2017
The Dreelan case confirms that transfers of property between excluded property settlements after the settlor becomes deemed domiciled will not cause the property to become subject to UK inheritance tax. However, settlors should not add personally held property to a settlement after they become deemed domiciled as this is likely to be subject to UK inheritance tax.