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...
Weddings – the tax benefits
Not only is there huge pent-up demand after COVID-19 restrictions forced thousands of couples to cancel their big day, but surviving lockdown together also seems to have spurred many into making a lifelong commitment. In November wedding-planning website Hitched...
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...