‘Mistakes have been made’ – SRA chair steps down with apology to profession
Solicitors Regulation Authority (SRA) chair Anna Bradley has stepped down after eight years in the role, with the formal process for identifying her successor beginning on 1st June. In a statement published on the SRA website, Bradley said she had seen “very significant change in the legal sector” during her tenure, and it was the […]
Inheritance tax threshold ‘should be £770,000’ in line with inflation
Inheritance tax (IHT) thresholds would be £270,000 higher by the 27/28 tax year if they had risen in line with inflation, according to new analysis. The £325,000 nil rate band for IHT would be set at £537,000 by the 27/28 tax year while the £175,000 resident nil rate band would be £233,000 if both had […]