IHT
Is an inheritance tax cut on the cards?
UK chancellor says ‘it’s something that’s on my mind’
Best Practice | 23 Sep 19
Three reasons why inheritance tax is becoming a ‘perfect storm’
Inheritance tax (IHT) divides opinion, because it creates the potential for a person’s wealth to be taxed twice; firstly as it accumulates through income and/or capital gains taxes, then again on death.
UK inheritance tax take more than doubles in 9 years
As rising numbers of people get caught in the IHT net
Majority of Brits baffled by IHT allowances
They believe they will inherit over £200,000 more than they will actually get
Gone, but not forgotten (by HMRC)
Eight key questions for HNWIs and their advisers to ensure their tax affairs are in order