There appears to be no mention of Inheritance Tax (IHT) in the Autumn Budget announced on 22 November 2017.
The existing IHT rules in force are rather complex and if you wish to obtain advice in connection with either your IHT position, or the IHT position of a deceased person’s estate you are dealing with, please speak with an expert.
The rules regarding Stamp Duty Land Tax (SDLT) are, however, being reformed, including SDLT relief for first time buyers (up to certain amounts) but of course do check with a professional expert to see how the rules affect your circumstances.
This article was written on 22 November 2017 and the law may change following this date.
This article aims to supply general information but it is not intended to constitute advice. Every effort is made to ensure that the law referred to is correct at the date of publication and to avoid any statement which may mislead. However, no duty of care is assumed to any person and no liability is accepted for any omission or inaccuracy. Always seek specific advice.
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