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Inheritance Tax Planning in Scotland

It was recently reported (here) that the people of Switzerland have rejected the introduction of a federal inheritance tax. Depending on where people live in Switzerland, they may or may not be liable to pay Inheritance tax on property they receive from their families. However, 71% of voters decided to vote against the introduction of a comprehensive Inheritance tax, which would have imposed a 20% tax on inherited property. Many believed that the introduction of the tax would put an unnecessary financial burden on individuals. 

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More Estates Subject to Inheritance Tax

Recent figures have shown a steady increase in the number of estates subject to Inheritance Tax (IHT).

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