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Clarke & Son Blog​

Death Tax Scrapped

Further to our blog on 11th April regarding the Probate Fee increase, it has been announced this week that Theresa May is to scrap this legislation ahead of the General Election. As a member of SFE I am delighted that this has happened and that thousands of grieving families will not be affected by this huge fee hike.  If you need help with any probate matter or need assistance with administration of an estate please contact us.

Plans to levy fees of thousands of pounds on grieving families were axed last night.

Theresa May cleared the decks for the election by jettisoning a huge rise in probate charges that had infuriated MPs and risked being a major campaign issue.

The move, which would have taken fees from just £155 to as much to £20,000 depending on the size of the estate, was announced in the budget last month. The Treasury stood to gain an extra £1.5billion.

But in a dramatic U-turn last night, ministers axed the scheme, saying there was too little parliamentary time before the election to push it through. 

Read more: http://dailym.ai/2owKyfc

If you have a query or would like to book an appointment please get in touch with our First Contact team on 01256 320555 or email mail@clarkeandson.co.uk

 

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