Inheritance Tax in Scotland 2014/15

ISBN-13: 9781780434681 / Angielski / Miękka / 2014 / 608 str.

Fiona McDonald;Bill Pagan

Opis

This essential guide to Scotland's inheritance tax provides a clearly structured analysis of the major tax provisions, together with the tips and planning techniques necessary to apply them successfully. This is the only text to take full account of the peculiarities of inheritance tax in a Scottish context. The book focuses on the day-to-day issues tax advisers frequently encounter in practice. Packed full of useful features - including worked examples, diagrams, and common-sense know-how - tax advisers using this essential book will be directed to explanations and answers to key inheritance tax questions and scenarios. The book is fully updated to the Finance Act 2014. Contents: lifetime transfers * inheritance tax on death * valuation of assets * gifts with reservation of benefit * compliance * trusts: interest in possession * trusts: non-interest in possession * exemptions and excluded property * reliefs * business property relief and agricultural property relief * lifetime planning * wills and estate planning * the family home * pre-owned assets charge.

Spis treści

Contents: Overview of Scottish Issues for Inheritance Tax Chapter 1: Inheritance tax: introduction Chapter 2: Lifetime transfers Chapter 3: IHT on death Chapter 4: Valuation of assets Chapter 5: Gifts with reservation of benefit Chapter 6: Compliance Chapter 7: Trusts: interest in possession Chapter 8: Relevant property trusts Chapter 9: Exemptions and excluded property Chapter 10: Reliefs - General Chapter 11: Business property relief and agricultural property relief Chapter 12: Lifetime planning Chapter 13: Wills and estate planning Chapter 14: Transferable nil rate bands Chapter 15: The family home Chapter 16: Pre-owned assets Index