Government Set To Earn £5.35 Billion In Death Costs Without Probate Fee Increases
The Government is set to accrue over £5.35 billion from death related taxes and fees in 2019/20, the largest amount ever recorded. According to ‘The Cost of Death‘ report, carried out by The Taxpayers’ Alliance, the government are on course to rinse more money out of deceased estates than ever before – even if the […]
Grieving Families Charged Because Of Governmental Probate Backlog
Excessive delays within the probate registry is leading to many families being forced to pay unreasonable rates of interest on the deceased’s inheritance tax (IHT) obligations. Currently, following the death of donor, families and executors of a deceased person have six months to apply for probate, receive the grant of probate, assess the estate’s liabilities […]