HMRC publishes Guide to IHT

01 September 2006


On Friday 1st September HMRC published a Customer Guide to Inheritance Tax dealing with the procedures for payment of inheritance tax upon death of a member whilst drawing an Alternatively Secured Pension (ASP). The guidance defines ASP, when IHT is chargeable, who is liable for the tax and when it is applied to the estate of a dependant; included are a number of examples.

For full details please visit the HM Revenue & Customs website.


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