AAT States Inheritance Tax Is ‘Unnecessarily Complicated’

AAT States Inheritance Tax Is ‘Unnecessarily Complicated’

The Association of Accounting Technicians (AAT) has stated that inheritance tax (IHT) is ‘unnecessarily complicated’ and ‘widely misunderstood’. Responding to a review of the tax by the Office of Tax Simplification (OTS), the AAT said that several IHT exemptions...