20.02.18

Research suggests 70% of individuals ‘unaware of inheritance tax nil-rate band’

Research carried out by Canada Life has suggested that a significant amount of individuals ‘do not know the threshold’ for the standard inheritance tax (IHT) nil-rate band. Canada Life found that 70% of those surveyed did not know the standard … Find out more »

15.02.18

Chancellor commissions OTS to review inheritance tax rules

Chancellor Philip Hammond has commissioned the Office of Tax Simplification (OTS) to review the UK’s inheritance tax (IHT) regime, and outline ways in which the tax can be simplified. In a letter to Angela Knight, Chair of the OTS, and … Find out more »

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Power of Attorney – Delays in LPA Applications

There are more long delays in processing LPA (Lasting Power of Attorney) applications it has been revealed this week.

England’s Office of the Public Guardian is currently taking an average of 14 weeks to process applications to register lasting powers of attorney, though delays of 16 weeks are not unusual.

For some reason newer applications are being processed before some that have been in the queue for months.

The Office of The Public Guardian sent out a circular in April claiming that registrations are up 30 per cent on this time last year.

This should not deter individuals from getting an LPA, for more information on them and how we can help you obtain one please click here.

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