Inheritance Tax Review: Possible implications for farmers, rural businesses and landed estates
We explore the key areas around Inheritance Tax for farmers, rural businesses and landed estates.
Don’t let your Inheritance Tax position overheat – check out our ice cold tax tips!
Take a look at our top ten tips to ensure you limit the amount of Inheritance Tax your children will pay on your estate.
Office of Tax Simplification publishes Inheritance Tax Review
The Office of Tax Simplification (OTS) has undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax.
The Residence Nil Rate Band; if you qualify, it could save you £140,000 in Inheritance Tax
Many people are unaware of the Residence Nil Rate Band which gives an additional threshold of £175,000 per individual, potentially saving you thousands in IHT.
Funding school fees in a tax efficient way
If the grandparents can help this can be rather tax efficient.