Based on more than 3,500 submitted comments – far more than in any previous review – the OTS concludes that too many people have to fill in IHT forms and the process is complex and old-fashioned. A second report, covering wider areas of concern, will follow next spring.
Office of Tax Simplification finds IHT regime smothered in red tape
HM Treasury's Office of Tax Simplification (OTS) has published the first stage of its promised review of the inheritance tax system, focusing on administrative issues rather than the tax itself.