Inheritance tax is often branded Britain’s most despised tax but there are ways it can be mitigated, said Time Investments strategic partnerships manager Harry Donoghue.

At yesterday’s (May 20) Paraplanner Conference, run by the Chartered Institute for Securities & Investment, Donoghue outlined different planning approaches when advising on inheritance tax and how business relief can tie in with that.

Donoghue said inheritance tax came out as the most hated tax for a few reasons with one being that it is overly complicated.

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