IHT
74% of Brits have done nothing to reduce future IHT bill
There is ‘a huge opportunity for further education and guidance’ on inheritance tax planning
IHT refunds as property prices fall
Families can reclaim tax if value decreases between date of death and sale
IHT bills exceed £6bn for first time
‘Inheritance tax is becoming ever-more lucrative for HMRC’
Financial planning fail sees Brits pay £280m in extra IHT
Estates could have avoided the tax bill if they had put life insurance policies into a trust
Best Practice | 10 Sep 21
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