Feb 9 2026 | Facts & Figures, ILM news, Legacy news, Legal update, News
On 28 January, the House of Lords published their report on proposals laid out in the Finance Bill 2025-26, raising concerns about what the proposed reforms will mean in practice. The Finance Bill sets out proposals for reforms to inheritance tax, unused pension funds...
Jan 12 2026 | Facts & Figures, ILM news, Legacy news, Legal update, News, Probate
Representatives from ILM attended the most recent HMRC Trusts and Estates Advisory Group on 3rd December. We are able to report and confirm the following items of relevance to our members. The nil-rate band, residence nil-rate band and the £2 million starting point...
Dec 1 2025 | Legacy news, Legal update, News, Partners
The Charity Fraud Survey carried out by BDO in partnership with the Fraud Advisory Panel in 2024 found that 42% of charities reported fraud or attempted fraud last year. It is estimated that, on average, property fraud can cost charities between £102,000 and £197,000...
Dec 1 2025 | Facts & Figures, ILM news, Legacy news, Legal update, News
We are delighted to have had the following communication from HMRC, addressing one of our major concerns about the implementation of unused pension pots becoming eligible for IHT. “We are writing to you as an attendee of a previous HMRC workshop on Inheritance Tax...
Dec 1 2025 | ILM news, Legacy news, Legal update, News, Uncategorized
We are delighted that Ian Bond will be giving his reflections on the budget on Friday 5th December. In the meantime, we have produced a short summary of the changes about IHT that you can share with any interested stakeholders: Gifts directly to UK charities remain...
Nov 24 2025 | Feature, ILM news, Legacy news, Legal update, News, Partners, Uncategorized
Laura Soley and Alice Faure Walker, of ILM Corporate Partner Bates Wells provide an overview of changes to the Charities Act 2022. Laura Soley The Charity Commission has announced that the relaxations to the rules on ex gratia payments introduced in the Charities Act...
