Five things you need to know about Inheritance Tax

Five things you need to know about Inheritance Tax

Inheritance Tax (IHT) is one of the government’s most reliable forms of income. IHT receipts received by HMRC during the tax year 2020-2021 came to £5.4 billion and have remained around that level for the past four years, according to official statistics.1 Yet so much...
How to ensure you don’t leave your family with an avoidable IHT bill

How to ensure you don’t leave your family with an avoidable IHT bill

Many people are aware of strategies that can reduce their IHT liability, such as gifting, they may be less aware of how some employee perks – including workplace pensions and death-in-service benefits – could be storing up problems for their families in the...