Following a Freedom of Information (FOI) request by Direct Line Insurance, Guildford in Surrey was dubbed the Inheritance Tax capital of the UK after it was revealed that as many as 658 families from the town southwest of London were subject to the tax between 2015 and 2016. On average, each family are said to have paid £231,000 per estate (a total of just under £152 million), more than anywhere else in the country.
According to the Scottish Government’s statistical report on the criminal justice system, both the rate of reconviction and the average number of reconvictions per person have been slowly decreasing since 2003. The statistics are based on the data of people who were released from custody in 2015-16 or received a non-custodial sentence during that period.
A new report into intergenerational wealth transfer has found that over 11 million people aged between 25-45 in the UK expect to receive some sort of inheritance from their parents or grandparents, with nearly half (5.1 million) of these expecting to inherit at least £50,000 in fixed assets or money.
The Scottish Government has launched a consultation over a proposed family justice modernisation strategy.
The Office of Tax Simplification (OTS) has published a call for evidence and an on-line survey to gather information about people’s experience and perceptions of Inheritance Tax.