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Summarising the OTS report on Inheritance Tax Simplification

Sue Moore summarises the key recommendations from the Office of Tax Simplification’s review on inheritance tax, the administration and technical aspects.

It was January 2018 when the Office of Tax Simplification (OTS) was asked to review inheritance tax (IHT), the administration and technical aspects.

The OTS began the process with a call for evidence and was pleasantly surprised by the huge response to its online questionnaire and written responses. In addition, it consulted with various organisations and so has been able to gather a wide range of views and opinions.