{"id":21536,"date":"2012-09-15T04:58:15","date_gmt":"2012-09-14T21:58:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-your-funeral-if-you-try-to-cheat-hmrc-on-property-values\/"},"modified":"2016-08-01T10:39:56","modified_gmt":"2016-08-01T03:39:56","slug":"its-your-funeral-if-you-try-to-cheat-hmrc-on-property-values","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-your-funeral-if-you-try-to-cheat-hmrc-on-property-values\/","title":{"rendered":"It's your funeral if you try to cheat HMRC on property values"},"content":{"rendered":"


\nHMRC has raised \u00a388m by getting tough on the valuation of a deceased’s property when assessing inheritance taxHomeowners will often talk up how much their house is worth, particularly when they are trying to sell. But as soon as someone drops off their perch, their heirs seem to start talking the value down.It is perhaps understandable that next of kin are keen to make sure they don’t hand over too much inheritance tax (IHT) to the government. But be warned: the taxman can, and will, challenge the valuation of a property if they think the stated amount is suspiciously low. Continue reading…
\n
\nSource : theguardian.com
\nRead more…It’s your funeral if you try to cheat HMRC on property values<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HMRC has raised \u00a388m by getting tough on the valuation of a deceased’s property when...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21536","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Bm","jetpack-related-posts":[{"id":100170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hmrc-iht-income-dips-for-the-first-time-in-a-decade\/","url_meta":{"origin":21536,"position":0},"title":"HMRC IHT income dips for the first time in a decade","date":"October 19, 2018","format":false,"excerpt":"\r House price slowdown sees growth in estate values level off\r \r Source : ft.com\r Read more...HMRC IHT income dips for the first time in a decade","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-we-reduce-inheritance-tax-on-my-mothers-property\/","url_meta":{"origin":21536,"position":1},"title":"How can we reduce inheritance tax on my mother's property?","date":"July 22, 2019","format":false,"excerpt":"\r My sister and I would like to be joint owners of my mother\u2019s house to reduce liability on her estateQ Would I, together with my sister, be able to become a joint owner of my mother\u2019s property so that the house wouldn\u2019t be counted as part of her estate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39027,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hmrc-plans-to-open-regional-hubs\/","url_meta":{"origin":21536,"position":2},"title":"HMRC plans to open regional hubs","date":"December 26, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...HMRC plans to open regional hubs","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-fear-inheritance-tax-your-cash-will-all-be-gone\/","url_meta":{"origin":21536,"position":3},"title":"Why fear inheritance tax? Your cash will all be gone","date":"June 4, 2016","format":false,"excerpt":"\r Research by Prudential shows less than 30% of people expect to be able to leave anything to their heirsTwo of the most enduring myths in personal finance are that (a) people work their guts out to pay for a home that jumps in value to hundreds of thousands of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/adult-colouring-books-targeted-by-hmrc-scribblers\/","url_meta":{"origin":21536,"position":4},"title":"Adult colouring books targeted by HMRC scribblers","date":"May 23, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Adult colouring books targeted by HMRC scribblers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23339,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/landlords-hmrc-is-closing-in-on-your-undeclared-lettings-income\/","url_meta":{"origin":21536,"position":5},"title":"Landlords \u2013 HMRC is closing in on your undeclared lettings income","date":"March 15, 2014","format":false,"excerpt":"\r The Revenue is on the trail of \u00a3550m missing tax \u2013 and is urging landlords to come clean, or risk higher penaltiesLandlords who have failed to declare their rental earnings to HMRC are being warned to pay up or face higher penalties.The Revenue is targeting widespread tax evasion on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21536"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21536"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}