Office of Tax Simplification urges creation of digitised IHT system

Unadvised can spend 50 hours on IHT admin

“This report shines a spotlight on the impact of forcing people through a fiendishly complicated process at a really horrible time in their lives," - Hargreaves Lansdown's Sarah Coles
“This report shines a spotlight on the impact of forcing people through a fiendishly complicated process at a really horrible time in their lives," - Hargreaves Lansdown's Sarah Coles
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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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