Continue reading "Inheritance Tax: Less tax is more complexity"
Inheritance Tax: Less tax is more complexity
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Mary Ashley takes a look at proposals for the residence nil-rate band ‘The RNRB and the downsizing provisions are a positive change insofar as they reduce taxpayers’ liability; however, it adds an additional unnecessary layer of complexity to the tax system, which will add higher compliance costs, increasing the impact on both the individual and …