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Focus on IHT

What is Inheritance Tax (IHT)?

IHT may be payable on an individual’s estate on death or on certain gifts made during their lifetime. IHT is payable on chargeable transfers of value made by a person during their lifetime or on the value of their estate on death. For IHT purposes when a person dies they are deemed to have...

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SRA publish draft of new Accounts Rules

The SRA has published its response to the June 2016 “Looking to the Future: Accounts Rules Review” consultation. This is the third and final phase of the review of the Accounts Rules. Included within the response documents is a new draft of the Solicitors Accounts Rules 2018.

The SRA have certainly simplified and shortened the rules. Whilst the rules currently in force...

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