Proposals to increase probate fees – time for some tax planning?

Recent government proposals have been announced whereby individuals would be forced to pay up to £20,000 in compulsory government probate fees. Currently, only estates valued at less than £5,000 are exempt from the government probate fee. Under the new proposals, the threshold would increase to £50,000. Supporters of the plans argue that this would exempt 60% of people from paying … Read More