Inheritance Tax on Contractor Loans Inheritance Tax on Contractor Loans
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  1. #1

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    Default Inheritance Tax on Contractor Loans

    Can some one please explain in simple terms (if at all possible) how IHT may apply to contractors loans?

    When does this apply ?
    How much is the tax?
    Is there a threshold?
    If we settle with HMRC will the trust write the loans off?
    What will happen if loans are not written off,cleared?

    This is a bloody minefield

  2. #2

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    Quote Originally Posted by turbowoowoo View Post
    Can some one please explain in simple terms (if at all possible) how IHT may apply to contractors loans?

    When does this apply ?
    How much is the tax?
    Is there a threshold?
    If we settle with HMRC will the trust write the loans off?
    What will happen if loans are not written off,cleared?

    This is a bloody minefield
    You mean your in an EBT?

  3. #3

    Still gathering requirements...


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    More or less everything you need can be found here.

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