IHT
Demand for inheritance tax advice soars in the UK
Majority of advisers expect this trend to continue throughout 2021
Private client firm buys IHT portfolio service business
Offering is a ‘prudent planning tool’ for investors
UK government rejects proposed changes to tax regime
Its ‘wishy-washy’ response to the recommendations shows ‘how delicate the situation is’
IHT threshold freeze to hit 31% of UK advice clients
But only 17% are set to suffer from frozen LTA
Best Practice | 21 May 21
Why is personal tax so complicated?
Lay people unlikely to know – let alone understand – the hundreds of reliefs, exemptions and allowances