The Tolley+™ Guidance Trusts and Inheritance Tax Module - expert practical tax guidance, examples and template documents that demonstrate how to apply legislation in real-world client situations.
The Tolley+ Guidance IHT, Trusts and Estates module provides comprehensive advice on private client matters. It covers inheritance tax in its entirety, as well as income tax and capital gains tax as they apply to trusts and estates. The module also deals specifically with inheritance tax planning, including a new topic devoted purely to agricultural and business property relief.
Guidance notes are linked to the appropriate technical guidance. In addition to taxation, it includes material on the law and administration of trusts and estates and on topics such as intestacy, applying for probate, trustees’ powers, international aspects and charities.
For practitioners who are unfamiliar with this specialist area, it explains complex concepts in plain language enabling you to deal with compliance matters and tax planning queries without referring to an expert, as well as to communicate the relevant issues to clients.
For specialist private client practitioners, the module goes far beyond the summary of legislation found in other tax publications and provides practical guidance on the effect of the law on topics such as vulnerable beneficiaries, the tax pool, gifts with reservation and trusts for children.
Topics We Cover
Administering the estate Advising on BPR and APR Advising on charities Advising on estates — income tax and CGT Advising on estates — IHT Advising on offshore matters Advising on trusts — IHT Advising on trusts — income tax and CGT Compliance for trusts and estates Creating and managing your client's trust Enquiries, penalties and appeals GWR and other anti-avoidance IHT planning Topical issues Understanding the key concepts of IHTOur Trusts and Inheritance Tax Experts
Tax Areas
Address the tax issues that affect larger companies and multinational groups – from corporation tax compliance matters, to more complex tax advisory issues such as sales, acquisitions and flotations; company reorganisations and demergers; and international aspects including transfer pricing.
Understand and answer the tax, national insurance and employment law questions that relate to employees and payroll operation. Employers, payroll operators, advisers and HR professionals can find practical and wide-ranging help in an easy-to-navigate online service.
This section tackles the myriad of tax issues faced by entrepreneurs and their businesses. It provides in-depth practical material to help you deal with compliance effectively and efficiently, whilst identifying areas of potential risk and ensuring all available relief are claimed.
Essential guidance on whether you are completing or reviewing tax returns, or dealing with tax planning work. Tax compliance topics are structured around the pages of the tax return, helping you find exactly what you need. You will also find a wealth of information to help you structure your clients’ affairs efficiently.
This section provides comprehensive advice on private client matters. For practitioners unfamiliar with this specialist area, it explains complex concepts in plain language. For the specialist private client practitioner, it goes beyond the summary of legislation found in other tax publications, and provides practical guidance on the effect of the law.
This section provides you with practical assistance to understand the VAT issues for domestic and international business transactions. It offers businesses and tax practitioners' practical tools and up-to-date information on all aspects of VAT and Customs Duty
Latest Trusts and Inheritance Tax News
On 3 February 2026, the Tribunal Procedure Committee (TPC) published the outcome to the consultation on changing the procedure rules on the provision...
HMRC has published the Trusts and Estates Newsletter for February 2026....
The Finance Bill has passed Committee Stage and has been reprinted, incorporating all Government amendments. The Bill will next be scheduled to be...
The Chartered Institute of Taxation (CIOT) have produced Finance Bill 2026 briefings on: anti-avoidance rules for share exchanges etc, chargeable...
The latest HMRC Stakeholder Digest has been published....
Popular Articles
Simple assessments
Simple assessmentsFrom 2016/17 onwards, HMRC has the power to make a ‘simple assessment’ of the taxpayer’s income tax and / or capital gains tax liability outside of the self assessment system. As HMRC already receives significant amounts of information on the income received and tax paid by
Gilts
Gilts‘Gilts’ are securities that are also known by a number of different names (eg gilt-edged securities, Government securities or treasury stock).The Government sells gilts to fund the deficit between public spending and tax receipts. Normally, the Government pays interest to the holder of the gilt
Withholding tax
Withholding taxIntroductionUK tax must be withheld on UK payments including:•interest•royalties•rental incomeUK withholding tax may be reduced under the provisions of a double tax treaty (DTT). Prior to 1 June 2021, payments of interest and royalties made to EU resident associated companies were
