Office of Tax Simplification urges creation of digitised IHT system
Unadvised can spend 50 hours on IHT admin
The Office of Tax Simplification (OTS) urges government to create a digital IHT system to make process simpler and smoother
In January 2018, chancellor of the Exchequer Philip Hammond asked the OTS to carry out a review of inheritance tax (IHT) to make recommendations on simplification and to make the experience of those who interact with it as smooth as possible. In a report published today (23 November), the OTS has now recommended the government implement a fully integrated digital system for IHT - ideally including the ability to complete and submit a probate application. It acknowledged creating a full digitised...
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