HOW TO PLAN FOR INHERITANCE TAX

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Inheritance tax is a tax on the value of everything you gift or leave behind when you die. Not everyone is required to pay inheritance tax. You can leave any amount to your spouse or civil partner. But if the amount you leave to others is valued above £325,000, the excess is taxed at 40%…

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Common IHT Questions

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We get many questions about IHT tax and how to minimise HMRC’s take from an estate. Below are just a few. How much can I give away? That is very much based upon personal circumstances. It is important that the client takes care of their own future needs rather than being too generous. Can I…

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