• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Inheritance Tax on Contractor Loans

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Inheritance Tax on Contractor Loans

    Can some one please explain in simple terms (if at all possible) how IHT may apply to contractors loans?

    When does this apply ?
    How much is the tax?
    Is there a threshold?
    If we settle with HMRC will the trust write the loans off?
    What will happen if loans are not written off,cleared?

    This is a bloody minefield

    #2
    Originally posted by turbowoowoo View Post
    Can some one please explain in simple terms (if at all possible) how IHT may apply to contractors loans?

    When does this apply ?
    How much is the tax?
    Is there a threshold?
    If we settle with HMRC will the trust write the loans off?
    What will happen if loans are not written off,cleared?

    This is a bloody minefield
    You mean your in an EBT?

    Comment


      #3
      More or less everything you need can be found here.

      Comment

      Working...
      X