The December 2007 edition of the IHT & Trusts Newsletter is now live on line - See link below.

Link - http://www.hmrc.gov. uk /cto/newsletter.htm. ...
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With effect from 5th November, HMRC will be changing the process for initial payment of IHT where payment is made by cheque. From this date, you will need to send your cheque with a bank-approved payslip to IHT Cashiers in Nottingham. This means that you will need to apply for an IHT reference in all taxpaying cases before delivering form IHT200; whether payment is made by cheque or the Direct Payment Scheme.
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Members please note that this year's dinner has been booked for Thursday 16 October @ Merchant Taylors' Hall.
The speaker will be David Bryon ...
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TACT raised the question of claiming a professional receiver's final fees and PGO fees on winding up a receivership as debts of the estate. As PEP/ISA managers' closing fees are allowable where they are a contractual liability under the PEP/ISA agreement, can a professional receiver's fees be treated in the same way? ...
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Short news here, this short news description goes on the main page, and can be as long or short as you want it to be. This does not appear within the main news article when you click. ...
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TACT

W J Stephenson,
3 Brackerne Close,
Cooden,
Bexhill on Sea,
East Sussex
TN39 3BT

Phone/Fax: 01424 844144
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E-mail:
tact@cooden.fsbusiness.co.uk

``The principal purpose of the Association (TACT) is to represent the interests of its membership which comprises nearly all of the leading corporate trustees who operate in the U.K.

TACT is directed by its Council, which consists of the President, Vice President, the Chairman of each of its operating Committees and others nominated by the membership.

It carries on the bulk of its work through its operating committees.  These Committees gather together the practitioners in each of the major markets for corporate trustees so that their different characteristics can be recognised and the interests of their trustees and trusts can be represented.

The aggregate value of all the financial arrangements which are in the care of the Association`s members is well in excess of £1 trillion.



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