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Battle over Payment of Tax on Clancy Estate

A legal battle has erupted over the question of who should pay the tax burden due on the estate left by author Tom Clancy, reports the Wall Street Journal.

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1974 Hits

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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1712 Hits

HMRC investigates IHT valuations

HMRC carried out over 9,000 inheritance tax (IHT) valuations during 2010, according to research by accountancy firm UHY Hacker Young. These investigations raised an additional £70 million for the tax man, at an average cost of an extra £24,600 in tax per undervalued estate.

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4329 Hits

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