If you promote or use arrangements designed to give an Inheritance Tax advantage, you may need to tell HM Revenue and Customs by making a tax avoidance scheme disclosure. The description of the Inheritance Tax avoidance arrangements that must be disclosed (the ‘hallmark’) is changing from 1 April 2018.
- should be read with the main disclosure of tax avoidance schemes guidance
- explains how the new Inheritance Tax hallmark works and the conditions that mean an arrangement must be disclosed
- provides examples of arrangements that you do not need to disclose, and those that you do
- explains that 2 other hallmarks, introduced in February 2016, also apply to Inheritance Tax