Consultation outcome

Inheritance tax: A fairer way of calculating trust charges

This consultation has concluded

Download the full outcome

Inheritance tax: A fairer way of calculating trust charges - Summary of Responses

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Detail of outcome

The response document sets out the government’s response to the consultation document published below. The responses received are summarised and a full list of respondents is included but where appropriate the names and personal or commercially sensitive information has been redacted . The government has heard the concerns voiced during the consultation and is grateful for the constructive and informative suggestions it received.

Original consultation

Summary

A consultation on simplifying the calculation of Inheritance tax (IHT) charges on trusts.

This consultation ran from
to

Consultation description

Legislation on the alignment of payment and filing dates and the treatment of retained income is included in Finance Bill 2014. This consultation focuses on changes to the way IHT trust charges are calculated and it also sets out proposals for the treatment of the nil-rate band where the settlor makes a number of settlements.

Documents

Inheritance tax: A fairer way of calculating trust charges

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 6 June 2014
Last updated 10 December 2014 + show all updates
  1. Summary of Responses document published
  2. First published.