Practical Inheritance Tax Planning

Ray & McLaughlin's Practical Inheritance Tax Planning 9th edition is a useful and easy to follow resource on inheritance tax and inheritance planning issues.

The 9th edition has a straightforward format with clear paragraph numbering, numerous illustrations, forms and checklists.

Outlining the key planning points and highlighting the possible pitfalls in a very practical manner, this book will prove an invaluable asset to practitioners dealing with inheritance tax. Recent case law is considered in detail.

The new edition is updated to include measures announced in the Pre-Budget Report 2009 and the March 2010 Budget. It features new and updated commentary on Inheritance Tax compliance issues, and also includes:

Practical aspects and choice of settlements

Transfer and reorganisation of business interestsùcompanies, partnerships and other firms

The transferable nil-rate band facility for spouses and civil partners

Business and agricultural property relief

Pre-owned assets

Life assurance and other insurance schemes

Estate planning and special cases of assets

Foreign domicile

Specific IHT cases

Toby Harris is a tax consultant to families and professional firms, a member of the CIOT, STEP and formerly a solicitor in private practice. Previously Examiner for the STEP Diploma on the taxation of trusts and estates, he is now Chairman of the Estates and Trusts Committee.
Mark McLaughlin is a consultant with his own practice, Mark McLaughlin Associates Ltd, which provides tax consultancy and support services to professional firms throughout the UK. He is a Fellow of the CIOT and a member of its Succession Taxes and Capital Gains Tax and Investment Income Sub-Committees, and is a member of the All and STEP. An established author, Mark has written many books and articles on tax and related areas of law and is the Managing Editor of TaxationWeb.
Ralph Ray was a solicitor and consultant specialising in taxation. He was Vice President of STEP and recipient of a STEP Lifetime Achievement Award. A member of the CIOT, he has contributed frequently to tax and accountancy journals.