Subscribers to our regular private client newsletter, Private Lives, will have read our article on Changes in probate and Inheritance Tax, and in particular the much criticised planned increase in court fees for an application for a Grant of Probate.
These increases (which would be up to a maximum of £6,000) had been due to come into effect on the 1 April 2019, but due, principally, to a lack of parliamentary time and the possibility of the opposition formally objecting and, therefore, requiring a full debate in the House of Commons (House), no date has been fixed for the parliamentary motion in the House that would lead to their introduction. Much of the time in Parliament has, of course, been taken up with the current debates around the UK leaving the European Union.
There is no indication that this has been abandoned by the Government, however, and any fees order for this would be made after and subject to an approval motion in the House, and the new fees would then come into force 21 days after such an order is made, so this is still something to keep an eye on.
The content of this article is for general information only. For further information please contact a member of Birketts’ Private Client Advisory Team. Law covered as at April 2019.
The content of this article is for general information only. It is not, and should not be taken as, legal advice. If you require any further information in relation to this article please contact the author in the first instance. Law covered as at April 2019.