New probate fees simply a revenue raising project

Katherine Denham looks at the implications of the Government’s proposed changes to probate fees. A new banded fee structure will see rates rise from a flat rate of £215 to between £250 and £6,000 depending on the size of the estate. Elizabeth Young, head of private client services at Roythornes, says: “This is such an enormous change of direction that it’s going to be extremely difficult for the public to swallow.” Ian Dyall, head of estate planning at Tilney, describes probate fees as a “stealth tax”, and says that the additional cost is purely a revenue raising project.

City AM, Page: 28

Related Posts

Festive Season

As the festive season approaches, we would like to take this opportunity to wish you a very Merry Christmas and a prosperous New Year. Christmas ...


Congratulations from everyone at Bendall & Sons to Rachel Smith who has completed her Master of Laws in Professional Legal Practice with a Distinc...

First-time buyers make a comeback

Nearly 30% of home sales went to first-time buyers last month, the highest proportion in over a year, according to new data from various large estate ...