1. Private Clients
1.1. Budget – March 2011
Our 2011 Budget Brochure and other Budget related information
can be found our website:
www.smith.williamson.co.uk/budget
2. Private Clients
2.1. Dr Andreas Helmut Tuczka v Revenue and Customs
Commissioners
The Upper Tribunal has confirmed the decision of the First Tier
Tribunal that Dr Tuczka was ordinarily resident in UK –
see detailed analysis in Informal dated 22 February 2010.
www.bailii.org/uk/cases/UKUT/TCC/2011/113.html
3. IHT & Trusts
3.1. IHT DOTAS guidance
HMRC has published its guidance on the requirements, with effect
from 6 April 2011, to disclose Inheritance Tax arrangements that
seek to avoid IHT charges associated with transfers of property
into trust. This consists of a flow chart, directions to HMRC's
other DOTAS guidance and a note on IHT implications including
grandfathered schemes. The grandfathered schemes (for which
disclosure is not required) include:
