Why the proposed probate fees will only add additional grief (and tax) to HNWs
‘In this world nothing can be said to be certain except death and taxes’ – and, I venture to add, yet more taxes.
Well, strictly speaking, it’s an ‘administration fee’, but following the publication by the government of its proposals for increasing the charges that the probate court can make when issuing grants of representation (a grant) some might think of it as an additional tax on death. To read more, head to Spear's Wealth Management Magazine.
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March sees the launch of the Treasury Committee’s report ‘Tax after coronavirus’, Budget Day and a later release of tax related consultations and calls for evidence. Join our experts at 11am on 24 March to see how these developments may affect you.