Inheritance Tax

Inheritance Tax (IHT) in the UK is a tax on the estate (property, money, and possessions) of a deceased person. However, there are exemptions and reliefs available.

Did you know that you can make donations to save on your tax bill?

TBA

Mar 214 min read

Farmers Protest New Inheritance Tax Policies

Farmers Protest New Inheritance Tax Policies.

TBA

Mar 194 min read

Inflation Puts Pensions at Risk of 'Shrinking' – Is there a 90% Tax on Inherited Pension Funds?

Inflation Puts Pensions at Risk of "Shrinking" – 90% Tax on Inherited Pension Funds?

TBA

Mar 43 min read

Gifting Property in Advance Might Save Some Inheritance Tax, But What About Retirement Funds?

Following significant reforms to UK inheritance tax rules introduced by Chancellor Rachel Reeves in what has been dubbed the largest tax-rai

TBA

Feb 213 min read

Gifting assets to avoid inheritance tax may result in income tax instead – why?

In the UK, if children inherit assets worth more than £325,000 from their parents, HMRC will an inheritance tax.

TBA

Jan 224 min read

Inheritance tax in the Autumn Budget – navigate the changes with financial planning!

Recently, Steve Reed criticized the previous Conservative government, stating it ‘deliberately obscured’ the true state of public finances.

TBA

Dec 4, 20243 min read

Minimum Wage Increases, Second Home Stamp Duty Increases, and Capital Gains Tax Increases! What’s new in the Autumn Budget 2024?

The Chancellor of the Exchequer Rachel Reeves announced Labour’s first Autumn Budget since taking office earlier this y

TBA

Nov 1, 20245 min read

Can setting up a trust help reduce your inheritance tax bill?

When it comes to inheritance tax, setting up a trust is often viewed as an effective way to reduce taxes.

TBA

Aug 7, 20244 min read

Wondering how to save on inheritance tax?

If you inherit an estate from family or relatives, you are required to pay inheritance tax to HMRC.

TBA

Jul 19, 20245 min read

How can married couples make use of inheritance tax relief for their children?

In this day and age, more and more people are choosing not to get married. However, in terms of tax, married couples can enjoy benefits.

TBA

May 22, 20244 min read

Recently received a P60?

We’re now in a new tax year. If you were employed in the previous year, have you checked your P60?

TBA

May 15, 20244 min read

A record-breaking £195 million lottery prize won tax-free?

In the UK around 45 million people regularly play the lottery. The vast majority of them have never won anything.

TBA

Mar 22, 20245 min read