Office of Tax Simplification urges creation of digitised IHT system

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 system could be expensive and time-consuming, so suggested changes should be made to the c...