Estate Planning Essentials – Budget 2010

This year’s pre-budget anticipation did not go entirely unrewarded. While the budget speech itself contained very little by way of change, it was a comment included in Chapter 5 of the 2010 Budget Review which has caused the biggest stir.

With regard to research proposals for possible attention in the tax proposals for 2011 and 2012 the following comment was made:  “Taxes upon death Both estate duty and capital gains tax are payable upon death, which is perceived as giving rise to double taxation. Read on…