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Murray Beith Murray is a leading Scottish private client law firm.

For over 170 years we have specialised in meeting the legal, financial and administrative needs of individuals and families, family trusts, charities and private companies.

Andrew has specialised exclusively in advising individual clients and charities for over 15 years. Andrew enjoys developing long-term relationships with clients and advising them at all stages of their lives. 

Read more about Andrew here.

Acceptance in Lieu, another way to pay Inheritance Tax

andrew

Arts Council England recently announced that three artworks by Peter Lanyon, a figurehead of post-war British painting, were acquired for the nation as part of the acceptance in lieu scheme, nearly settling the £900,000 Inheritance Tax due on Lanyon’s widow’s estate. Acceptance in lieu is rarely used and may not necessarily spring to mind when planning to pay Inheritance Tax, however, as this case shows it may be worth considering.

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  193 Hits
193 Hits

What should Executors do when HMRC investigates?

andrew

A Freedom of Information request by Quilter has shown that HMRC investigates a quarter of the estates liable to pay Inheritance Tax each year. What do Executors need to do during an HMRC investigation and what steps can be taken to prevent an investigation in the first place?

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  143 Hits
143 Hits

Common calamity and the presumption of who died first

andrew

While making Wills is typically a priority for couples who own property together, worrying about who dies first often is not.

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  216 Hits
216 Hits

The dangers of not making a Will

andrew

Making a Will is something that many people put off. However, it is important to take steps now to ensure that your family will be protected should the unthinkable happen.

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  219 Hits
219 Hits

Inheritance tax payments reach record highs

andrew

Inheritance tax (“IHT”) payments have hit yet more record highs, according to data recently released by HM Revenue & Customs (HMRC). HMRC collected £5.4 billion in Inheritance tax (IHT) in the year to March 2019. This represents a £160 million increase from the same period a year ago.

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  524 Hits
524 Hits

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