Six Tips for IHT Planning
- On November 5, 2018
- By GrowthInvest Admin
A record £5.2bn in inheritance tax (IHT) was collected last year, with the number of estates within the scope of the tax increasing every year since 2009.
The tax applies at 40 per cent on the whole of an estate at death, so a failure to plan can leave a substantial and unnecessary dent in a client’s legacy.
1. Don’t leave it too late
2. Make the most of available reliefs and exemptions
3. Make gifts
4. Consider placing assets in trust
6. Take out insurance
For more information, expansion on these tips and for the full article, please click here
GET IN TOUCH!
CALL US020 7071 3945
FOLLOW US ON
Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.