We are all somewhat used to living with economic doom and gloom at present, from sky high inflation rates to tax rises being splashed across the news headlines. But recent analysis from the Office of Budget Responsibility shows that you may also get stung harder after...
Increasing house prices raise inheritance tax risk. Soaring house prices coupled with certain thresholds being frozen in the most recent Budget have the potential to drag more estates into the inheritance tax net over the coming years. Back in March 2021, Chancellor...
There are many ways to reduce or eliminate the inheritance tax payable on your estate without using trusts. But for some, especially if you are very wealthy, they may not be enough. For others, the control that trusts give over who benefits from your wealth, and how,...
Inheritance tax planning is an essential part of managing your estate, ensuring that more of your wealth is passed on to your loved ones rather than the tax authorities. With the right strategies, you can significantly reduce or even eliminate your inheritance tax...