The law requires Personal Representatives (PRs) (IHTM05012) to pay all or part of the Inheritance Tax (IHT) due on the deceased’s estate before they can obtain a grant. The guidance at IHTM05001 and IHTM30172 explains
HMRC has published guidance on taking higher tax-free lump sums with lifetime allowance protection following the pension changes announced at Spring Budget earlier this year. Here’s what it says. From 6th April 2023, the amount