US presidential candidate Hillary Clinton was joined by uber-investor Warren
Buffett in making a case to keep inheritance tax rules in place.
They made a case for keeping the tax, which the Republicans helped to
temporarily scrap in 2010, as a symbol of the country’s merit-based system,
‘The estate tax has been historically part of our very fundamental belief
that we should have a meritocracy, that we do not want a system – where we
expect people to make it on their own – to be, over time, dominated by inherited
wealth,’ Clinton said.
Estates worth over $2m (£0.98m) will be exempt from the tax this year and
next, the exemption then rising to $3.5m before disappearing in 2010 – returning
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said