Protection

Fifth of parents give children inheritance early

A total of £227 billion has been gifted, at an average of £32,920, in a bid to save on inheritance tax, according to research.

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Could you consider a DIY route to manage your family wealth?

Discretionary trusts offer flexibility in estate planning, but they don’t come particularly cheap. Could you set one up without professional help?

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IHT receipts soar to £1.9 billion with many missing out on vital tax breaks

Freedom of information request reveals thousands are not taking advantage of residence nil rate band allowance

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Call for Aim shares to be stripped of inheritance tax break

The Association of Accounting Technicians has called for several inheritance tax exemptions to be scrapped.

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Four ways to cut down your IHT bill

Nearly £5 billion of inheritance tax (IHT) was collected in 2016/17, more than double the £2.3 billion received by the taxman in 2009/10 when the current nil rate band of £325,000 was introduced.

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Brush up on the basics to avoid inheritance tax bill

Chancellor Phillip Hammond recently described Britain’s inheritance tax system (IHT) as being ‘particularly complex’.

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Inheritance tax review ordered by the government

Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) to order a review of inheritance tax (IHT).

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Bank of gran and grandad: Tips on how to pass on wealth

Many grandparents are keen to pass on their wealth down the generations, and particularly to grandchildren, but there are challenges that a good wealth manager could help you address.

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Inheritance tax payments surge on eve of Budget

The latest receipts from HMRC published on the eve of the Budget show the taxman is on course to take a record £5.5 billion from people’s estates this tax year, according to NFU Mutual.

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