Private client update

This is the Autumn issue of our Private Client Update, in which we aim to keep private clients updated on recent legal developments that may have an impact on them.

In this issue:

  • the new £1m inheritance tax exemption: we explain the new rules, their implications and limitations;
  • the employment and immigration issues to consider when employing a domestic worker in the UK; and
  • new restrictions on the income tax relief that landlords are able to claim for finance costs.