I don't know whether to laugh or cry here mate.
Please just accept my apology, I never meant for you to take the meaning that lots of white men are nonces, but please also, stay away from statistics, they are not for you.
Yes, exactly, there is no tax planning or arranging of affairs that you as a recipient can make or could have made that will affect the tax on the estate, the deceased may have been able to arrange things better.
Are we agreed now? At least on IHT not being a tax on working people?
There are other means of identifying people, but masks do make it harder and some/many will avoid prosecution this way.
Easier way to avoid getting nicked is to stay away.
At the point the tax is paid it "is" the deceased person's estate, it does not belong to anyone else, not until the executor has distributed it.
With income tax, if you are on PAYE, your employer does pay tax and NI on your behalf, it is you being taxed, but the employer also pays NI for you...
It isn't, other than a human has to complete the paperwork and transfer the funds, but the main point is, did you really think IHT was a tax that was included in Labour's "no tax increases on working people"?
A shareholder might be a worker, or have nothing to do with the day to day operations, it honestly was not in my mind as a tax that was covered by the Labour promise.
You don't have to operate a business as Limited company, there are simpler structures. The main benefit of a Limited Company is that liabilities are limited to the company, I.e. the company can go bust and owe money, but no one can come after you personally for the money, unless you had used a...
Not quite sure what you are saying.
A person has some assets, and dies, anything over a certain limit is liable to be taxed at that point, it is the dead person's estate that gets taxed, not any beneficiary, the executor is just the person nominated to distribute the estate, they may or may not...