Law firm welcomes U-turn

RMT will be taking strike action on New Year's Eve

Travelling by train on New Year’s Eve? Here’s everything you need to know

Have your say

LAW firm Trethowans has welcomed the government U-turn on an increase in probate fees.

Under controversial plans, probate fees were due to rise from £155 or £215 to up to £20,000 for some estates in England and Wales from May.

However, the Ministry of Justice has now said there is not enough time for the legislation to go through parliament.

A senior Conservative declined to say if the scheme would return if the prime minister was re-elected, suggesting a U-turn.

Trethowans, the lead sponsor for The News’ Business Excellence Awards, has welcomed the news.

Mihiri Gajraj, head of the private client team, said: ‘The announcement is a welcome one. The proposed probate fees certainly fit the term “stealth death tax” and with many estates already paying inheritance tax, an additional tax seems unfair.’