IHT late payment Tax Rise
Bereaved face late tax fee rise
Bereaved families will have to pay 3% interest on late payments of inheritance tax from next month, HM Revenue and Customs has confirmed.
Read the full story using the link below but the quote from HMRC is "We are streamlining the rates charged and paid for interest to simplify and make things fairer for customers."
Sigh.. The world is being taken over by Spin and presentation profesionals!
Sources:
Yourmoney.co.uk News Source - BBC