Month: August 2023
No-fault divorce – one year (and a bit!) on
On 6 April 2022, one of the most anticipated pieces of legislation in recent years came into force: the Divorce, Dissolution and Separation Act, more commonly known as ‘no-fault’ divorce. It had long been felt by legal professionals and the general population that the UK’s divorce law was ser....
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Could the end of Inheritance Tax be imminent?
Inheritance Tax (IHT) is a tax levied on the estates of people who have died, normally at a rate of 40%. Whilst just one in 20 estates are subject to IHT, this number actually used to be far lower. The threshold for the tax has been frozen at £325,000 since the 2009/10 financial year; in the subse....
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