Posts Tagged ‘Inheritance tax mitigation’
Inheritance Tax Mitigation – Immediate Reduction to your Estate
Inheritance Tax Mitigation – Immediate Reduction to your Estate If you have a chargeable estate for inheritance tax (IHT) purposes (i.e. an estate which is currently worth in excess of about £1.6 million for a married couple or those in a civil partnership on the assumption that both nil rate bands will be available), then…
Read MoreBalancing charity giving with bequests
One of the “surprises” of the 2011 Budget was the announcement that the Government intended to reward those who leave money to charity after their death. Effectively the Inheritance Tax Charitable Relief scheme allowed those leaving 10% of their estate to charity would receive tax relief of the equivalent amount. The consultation process aimed at…
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