Survey shows impact of inheritance tax threshold freeze
New research has uncovered that approximately one out every three financial advice clients will feel the effects of frozen inheritance tax (IHT) thresholds.
UK Chancellor urged to hike inheritance tax
An international organisation specialising in intergovernmental economics has advised Chancellor Rishi Sunak that post-pandemic, the current inheritance tax allowances should be amended to raise more money for governments.
How is inheritance tax calculated?
Inheritance Tax (IHT) is defined as tax on a person’s estate, made up of their possessions, property and assets, after they die. While no tax will be due if an […]
Study shows UK residents unprepared for inheritance tax
New research has revealed that many UK families are poorly prepared to cope with inheritance issues including tax bills due to be paid when someone dies.
Why financial planning is critical to cope with inheritance tax
Inheritance tax can sometimes be a complicated and confusing cost to consider, but it doesn’t have to be. With the correct use of wills and expert assistance in estate planning […]
Inheritance tax and probate rules set to change
At present, administrators and executors of estates are required to submit either an IHT400 or IHT205 form to make certain the appropriate procedures are taken, but the government has now […]
Cheers to being a ‘Million-Heir’
With estate planning, you can decide what happens to your money and possessions (even your pets) should something happen to you. But, Estate Planning is useful in other ways too […]
Inheritance Tax & AIM
We are always seeking solutions for our clients and looking to provide products that will help them manage their assets more efficiently, with the aim of protecting and growing their […]
Inheritance Tax – What are the numbers?
As of April 2017, the new Inheritance tax (IHT) rules have come into force, but what do they mean? As it stands each person in the UK has a Nil […]
Residence Nil Rate Band: The Basic Rules
As ever, there’s nothing simple about the new Residence Nil Rate Band (RNRB) allowances and rules which is why we’ve laid out the basics below. Inheritance Tax and RNRB are […]
