A proposal by the Government to increase probate application fees and move forward with a new banded structure from next April, appears to be moving forward without Parliamentary scrutiny.
This new fee structure would see the minimum probate application fee rise from £215 for individuals, or £155 if made through a solicitor, to £250. The maximum fee will be £6000. No fee will be payable for estates valued under £50,000.
The fiercely unpopular changes have been dubbed a “stealth death tax” and a de facto increase on top of existing inheritance levies (IHT). Experts have now warned that the probate fee structure will not be thoroughly debated in Parliament, as any other tax rule changes would.
Read the full news article at telegraph.co.uk