Neil Sharp, Partner at Pen Partnership goes back the futureā¦..
It must be political party conference season again… or maybe there is an election looming? How can we tell? Well, there is the array of unfortunate photos of party leaders on the front pages looking like competitors in some kind of ‘gurning’ competition, but there is also a lot of ‘news’ regarding Inheritance Tax (IHT). IHT is a political weapon that punches above its weight when it comes to creating headlines, but also in nudging the political agenda this way and that – I recall vividly when the £1m level was first floated back in 2007, it was enough to…
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